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22 records – page 1 of 2.

An Arcadia man, David Frederick Thornton, pleaded guilty to two counts of mail fraud, two counts of wire fraud and one count of impersonating a federal officer. Charges included his defrauding donors to his Thornton Kidney Research Foundation.

https://arcadiahistory.andornot.com/en/permalink/newspaper25304
Newspaper
Pasadena Star News
Date
March 18, 2003
Pages
p. A3
More detail
Newspaper
Pasadena Star News
Date
March 18, 2003
Pages
p. A3
Subjects
Thornton, David Frederick
Fraud
Scams
Thornton Kidney Research Foundation
Item ID
25502AN
Collection
Newspaper Index
Less detail

Arcadia couple Edward Chen, aka Jianqiao Chen, Jian Qiao Chen, and Jian Chen aka Jing Jiang and Jean Jiang, accused of fraud involving defrauding investors through EB-5 visa schemes. The couple's companies raised more than $22.5 million from 45 Chinese investors, purportedly to build an interior design center in Ontario and a condominium building in Los Angeles. See also "Arcadia couple faces court hearing for stealing $12 million," Arcadia Weekly, p. 1,3 October 5, 2017.

https://arcadiahistory.andornot.com/en/permalink/newspaper34970
Newspaper
Pasadena Star News
Date
September 30, 2017
Pages
p. A3, A8
More detail
Newspaper
Pasadena Star News
Date
September 30, 2017
Pages
p. A3, A8
Subjects
Chen, Edward
Chen, Jian Qiao
Chen, Jianqiao
Crime and Criminals
Jiang, Jing
Jiang, Jean
Fraud
Item ID
35160AN
Collection
Newspaper Index
Less detail

Arcadia Police Department is warning senior citizens to avoid giving out personal information and credit card information to scam artists pretending to represent official agencies over the telephone. The scammers use intimidation as a tactic.

https://arcadiahistory.andornot.com/en/permalink/newspaper30065
Newspaper
Pasadena Star News
Date
June 5, 2006
Pages
p. A3
More detail
Newspaper
Pasadena Star News
Date
June 5, 2006
Pages
p. A3
Subjects
Scams
Senior Citizens
Fraud
Crime and Criminals
Item ID
30252AN
Collection
Newspaper Index
Less detail

Arcadia resident David Frederick Thornton, charged with wire and mail fraud and embezzling money from the Thornton Kidney Research Foundation, was sentenced to eight years in federal prison.

https://arcadiahistory.andornot.com/en/permalink/newspaper25645
Newspaper
Pasadena Star News
Date
June 17, 2003
Pages
p. A4
More detail
Newspaper
Pasadena Star News
Date
June 17, 2003
Pages
p. A4
Subjects
Thornton, David Frederick
Crime - Embezzlement
Crime - Fraud
Thornton Kidney Research Foundation
Item ID
25845AN
Collection
Newspaper Index
Less detail

Arcadia resident, Ruixue "Serena" Shi, gets 20-year sentence for Coachella Valley fraud involving $22.8 million in funds for a condominium and hotel complex called Hyde Resorts and Residences Coachella Valley. Shi was president and owner of Global House Buyer (GHB), a China-based real estate development company, and also was CEO of the Beverly Hills-based company Hyde Morgan Development, LLC. Chinese investors in the Hyde project were falsely promised visas through the EB-5 Immigrant Investor Program.

https://arcadiahistory.andornot.com/en/permalink/newspaper36374
Newspaper
Arcadia Weekly
Date
November 24, 2022
Pages
p. 8, 14
More detail
Newspaper
Arcadia Weekly
Date
November 24, 2022
Pages
p. 8, 14
Subjects
Crime and Criminals
Fraud
Global House Buyer
Hyde Morgan Development, LLC
Shi, Ruixue "Serena"
Collection
Newspaper Index
Less detail

Arcadia Ultimate Automotive has been served with a lawsuit from Trevor Law Group accusing the shop of operating without a license. The law firm based in Beverly Hills is filing frivolous suits with mainly small, minority-owned businesses especially automobile repair shops that lack resources to have a legal battle but will settle instead.

https://arcadiahistory.andornot.com/en/permalink/newspaper24649
Newspaper
Pasadena Star News
Date
October 13, 2002
Pages
p. B1
More detail
Newspaper
Pasadena Star News
Date
October 13, 2002
Pages
p. B1
Subjects
Lawsuits
Trevor Law Group
Arcadia Ultimate Automotive
Fraud
Item ID
24839AN
Collection
Newspaper Index
Less detail

Arcadia wine seller Rudy Kurniawan, 35, was arrested on suspicion of trying to sell $1.3 million worth of counterfeit wine and fraudulently obtaining millions of dollars in loans.

https://arcadiahistory.andornot.com/en/permalink/newspaper32896
Newspaper
Pasadena Star News
Date
March 9, 2012
Pages
p. A4
More detail
Newspaper
Pasadena Star News
Date
March 9, 2012
Pages
p. A4
Subjects
Crime and Criminals
Fraud
Kurniawan, Rudy
Item ID
33093AN
Collection
Newspaper Index
Less detail

Arcadia woman Ruixue "Serena" Shi, 37, pleaded guilty to soliciting $22.8 million in funds for a condominium and hotel project scheme. The crime is one federal count of wire fraud, which has a sentence of up to 20 years in prison. See also Arcadia Weekly, p. 3, 7, October 28, 2021.

https://arcadiahistory.andornot.com/en/permalink/newspaper36090
Newspaper
Pasadena Star News
Date
October 27, 2021
Pages
p. A1
More detail
Newspaper
Pasadena Star News
Date
October 27, 2021
Pages
p. A1
Subjects
Crime and Criminals
Shi, Ruixue "Serena"
Wire fraud
Collection
Newspaper Index
Less detail

Federal receiver released report #2 saying there is no indication USFIA's Gemcoin was legitimate.

https://arcadiahistory.andornot.com/en/permalink/newspaper34493
Newspaper
Arcadia Weekly
Date
March 10, 2016
Pages
p. 1, 23
More detail
Newspaper
Arcadia Weekly
Date
March 10, 2016
Pages
p. 1, 23
Subjects
Chen, Steve
Fraud
Gemcoin (company)
Ponzi scheme
US Fine Investment Arts, Inc. (USFIA)
United States Securities and Exchange Commission (SEC)
Wuo, John
Item ID
34685AN
Collection
Newspaper Index
Less detail

Feds move to seize homes in San Gabriel Valley, Rancho Cucamonga. The properties were allegedly purchased with millions in proceeds from what FBi investigators said was a fraudulent visa program. Victoria Chan and her father Tat Chan exploited the EB-5 visa program which offers legal permanent residence in the U.S. for foreign nationals who make job-creating investments of $500,000 or more in U.S. companies.

https://arcadiahistory.andornot.com/en/permalink/newspaper34889
Newspaper
Pasadena Star News
Date
May 26, 2017
Pages
p. A5
More detail
Newspaper
Pasadena Star News
Date
May 26, 2017
Pages
p. A5
Subjects
California Investment Immigration Fund
Chan, Tat
Chan, Victoria
EB-5 Visa Program
Fraud
Item ID
35079AN
Collection
Newspaper Index
Less detail

Food company executives Feng Wu Lam, who owns South El Monte based Golden Food, Inc. and her husband Wei Wen Wu, the company's manager, face insurance fraud, wage theft charges. They are accused of underreporting their payroll to workers' compensation insurance carriers by about $4.5 million between 2015 and 2019. They are both Arcadia residents.

https://arcadiahistory.andornot.com/en/permalink/newspaper36163
Newspaper
Pasadena Star News
Date
January 29, 2022
Pages
p. A3, A5
More detail
Newspaper
Pasadena Star News
Date
January 29, 2022
Pages
p. A3, A5
Subjects
Crime and Criminals
Insurance fraud
Lam, Feng Wu
Wage theft
Workers' compensation insurance
Wu, Wei Wen
Collection
Newspaper Index
Less detail

Former Arcadia man accused of lying, losing millions of investors' money. James Arthur McDonald, Jr. former CEO and Chief Investment Officer of Hercules Investments LLC and Index Strategy Advisors Inc. was charged with one count of securities fraud. Prosecutors claim McDonald lost clients of his Los Angeles-based firm Hercules millions of dollars in late 2020. He had been renting a home in Arcadia.

https://arcadiahistory.andornot.com/en/permalink/newspaper36351
Newspaper
Pasadena Star News
Date
September 22, 2022
Pages
p. A8
More detail
Newspaper
Pasadena Star News
Date
September 22, 2022
Pages
p. A8
Subjects
Crime and Criminals
Fraud
McDonald, James Arthur
Collection
Newspaper Index
Less detail

Former TV finance analyst from Arcadia James Arthur McDonalds, Jr. charged with lying to investors about the health of his finance firm and failing to disclose massive losses incurred through risky investments following the onset of the COVID-19 pandemic. McDonald was CEO of Los Angeles-based Hercules Investments and Redondo Beach-based Index Strategy Advisors Inc. He is believed to be in hiding.

https://arcadiahistory.andornot.com/en/permalink/newspaper36342
Newspaper
Arcadia Weekly
Date
September 29, 2022
Pages
p. 15
More detail
Newspaper
Arcadia Weekly
Date
September 29, 2022
Pages
p. 15
Subjects
Crimes and criminals
Fraud
Hercules Investments
McDonald, James Arthur, Jr.
Collection
Newspaper Index
Less detail

Four Chinese investors are plaintiffs suing San Gabriel consulting firm California Investment Immigration Fund. Plaintiffs believed they were investing $500,000 in U.S. businesses in return for green cards. FBI allege the scheme was fraud and raided the firm and homes of lawyer Victoria Chan, her father Tat Chan, his wife Zheng Chan, in April.

https://arcadiahistory.andornot.com/en/permalink/newspaper34888
Newspaper
Pasadena Star News
Date
May 23, 2017
Pages
p. A3, A9
More detail
Newspaper
Pasadena Star News
Date
May 23, 2017
Pages
p. A3, A9
Subjects
Chan, Tat
Chan, Victoria
Chan, Zheng
EB-5 Visa Program
Fraud
Lawsuits
Li, Song Yao
Li, Ting
Xia, Yeqing
Zeng, Fang
Zhang, Rui
Item ID
35078AN
Collection
Newspaper Index
Less detail

A judge dismissed nine lawsuits brought by Trevor Law Group against automobile repair shops. Arcadia Ultimate is one of the auto shops that is involved.

https://arcadiahistory.andornot.com/en/permalink/newspaper25309
Newspaper
Pasadena Star News
Date
March 29, 2003
Pages
p. A3
More detail
Newspaper
Pasadena Star News
Date
March 29, 2003
Pages
p. A3
Subjects
Trevor Law Group
Arcadia Ultimate Automotive
Lawsuits
Fraud
Item ID
25507AN
Collection
Newspaper Index
Less detail

Monrovia man Yi Chen gets 4 years in prison for fraud in a student visa scheme to get Chinese immigrants into the U.S. unlawfully. From June 2015-February 2021, Chen was the CEO and owner of two so-called educational consulting companies in Alhambra and Arcadia that charged foreign students thousands of dollars for "guaranteed" admission to a college that would lead to the issuance of an F-1 student visa. See also Arcadia Weekly, p. 2, October 6, 2022.

https://arcadiahistory.andornot.com/en/permalink/newspaper36335
Newspaper
Pasadena Star News
Date
October 5, 2022
Pages
p. A3
More detail
Newspaper
Pasadena Star News
Date
October 5, 2022
Pages
p. A3
Subjects
Chen, Yi "Brian"
Crime and Criminals
Fraud
Collection
Newspaper Index
Less detail

Officials deport wine con man Rudy Kurniawan, who bilked collectors out of millions of dollars. He is back in Indonesia. He was putting less expensive Napa and Burgundy wines into counterfeit bottles at his home in Arcadia.

https://arcadiahistory.andornot.com/en/permalink/newspaper35954
Newspaper
Pasadena Star News
Date
April 15, 2021
Pages
p. A3
More detail
Newspaper
Pasadena Star News
Date
April 15, 2021
Pages
p. A3
Subjects
Crime and Criminals
Fraud
Kurniawan, Rudy
Wines
Collection
Newspaper Index
Less detail

A recent report filed in federal court says Gemcoin's scam collected $164 million. Initially, investigators linked Gemcoin to $32 million in fraudulent investment. Steven Chen, his company U.S. Fine Investment Arts Inc., and Gemcoin (digital currency backed by precious gem reserves and amber mines) are accused of a "worldwide pyramid scheme."

https://arcadiahistory.andornot.com/en/permalink/newspaper34615
Newspaper
Pasadena Star News
Date
July 24, 2016
Pages
p. A7
More detail
Newspaper
Pasadena Star News
Date
July 24, 2016
Pages
p. A7
Subjects
Chen, Steven
Crime and Criminals
Fraud
Gemcoin
Seaman, Thomas
U.S. Fine Investment Arts Inc.
Item ID
34807AN
Collection
Newspaper Index
Less detail

Ruixue "Serena" Shi, 36, of Arcadia, was arrested for allegedly swindling more than $20 million that was solicited for funding a condominium and hotel complex called Hyde Resorts and Residences in Coachella Valley. Shi was president and owner of Global House Buyer (GHB), a China-based real estate development company, and also was CEO of the Beverly Hills-based company Hyde Morgan Development, LLC.

https://arcadiahistory.andornot.com/en/permalink/newspaper35763
Newspaper
Arcadia Weekly
Date
June 25, 2020
Pages
p. 3
More detail
Newspaper
Arcadia Weekly
Date
June 25, 2020
Pages
p. 3
Subjects
Crime and Criminals
Fraud
Shi, Ruixue "Serena"
Collection
Newspaper Index
Less detail

SEC reports show Gemcoin, USFIA were set up to 'defraud investors.' USFIA claimed it had amber mines, millions in precious gems, and other assets to back up its digital currency called Gemcoin, but none of that was real.

https://arcadiahistory.andornot.com/en/permalink/newspaper34499
Newspaper
Pasadena Star News
Date
March 20, 2016
Pages
p. A5
More detail
Newspaper
Pasadena Star News
Date
March 20, 2016
Pages
p. A5
Subjects
Chen, Steven
Cryptocurrency
Fraud
Gemcoin (company)
Liu, Long Z.
Ponzi scheme
US Fine Investment Arts, Inc. (USFIA)
United States Securities and Exchange Commission (SEC)
Wuo, John
Zhao, Jennifer aka Zhao, Li
Item ID
34691AN
Collection
Newspaper Index
Less detail

22 records – page 1 of 2.