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43 records – page 1 of 3.

Fair Political Practices Committee (FPPC) may fine Arcadia's disgraced former mayor John Wuo $2000 for his failure to report certain financial rewards from his participation in the now infamous Gemcoin scam.

https://arcadiahistory.andornot.com/en/permalink/newspaper34719
Newspaper
Arcadia Weekly
Date
November 17, 2016
Pages
p. 12
More detail
Newspaper
Arcadia Weekly
Date
November 17, 2016
Pages
p. 12
Subjects
Arcadia mayors
Fair Political Practices Committee (FPPC)
Gemcoin
Wuo, John
Item ID
34911AN
Collection
Newspaper Index
Less detail

Embattled former Arcadia City Councilman John Wuo surfaces as an honorary board member of the ChinaWeek team. ChinaWeek is an annual, week-long series of events designed to bring the most current, relevant and multidisciplinary information about China and Chinese culture to the western world via Los Angeles.

https://arcadiahistory.andornot.com/en/permalink/newspaper34521
Newspaper
Arcadia Weekly
Date
April 7, 2016
Pages
p. 1, 17
More detail
Newspaper
Arcadia Weekly
Date
April 7, 2016
Pages
p. 1, 17
Subjects
ChinaWeek
Wuo, John
Item ID
34713AN
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

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

Arcadia City Council appoints Mickey Segal to fill John Wuo's vacated seat; officials reboot zoning code update, Highlands will be included in the historic architecture survey.

https://arcadiahistory.andornot.com/en/permalink/newspaper34334
Newspaper
Arcadia Weekly
Date
October 22, 2015
Pages
p. 1, 17
More detail
Newspaper
Arcadia Weekly
Date
October 22, 2015
Pages
p. 1, 17
Subjects
Arcadia City Council-2010-2019
Historic architecture survey
Segal, Mickey
Wuo, John
Item ID
34527AN
Collection
Newspaper Index
Less detail

Arcadia City Council appoints ex-mayor Mickey Segal to fill seat vacated by John Wuo's resignation, until the municipal election in April. Wuo, who served on City Council for 12 years, resigned two weeks ago amid mounting allegations over his endorsement of USFIA and Gemcoin, in addition to an ethics investigation launched in September by the Fair Political Practices Commission. Segal is a CPA. Also the zoning code update resumes.

https://arcadiahistory.andornot.com/en/permalink/newspaper34353
Newspaper
Pasadena Star News
Date
October 22, 2015
Pages
p. A1, A5
More detail
Newspaper
Pasadena Star News
Date
October 22, 2015
Pages
p. A1, A5
Subjects
Arcadia City Council-2010-2019
Gemcoin
Segal, Mickey
Wuo, John
Item ID
34546AN
Collection
Newspaper Index
Less detail

Arcadia City Council members to submit nominees for John Wuo's vacant seat at next meeting October 20. Mayor Gary Kovacic and Councilman Tom Beck recommended former mayor Mickey Segal. Councilman Roger Chandler and Sho Tay wanted to take time to think of a few more nominees.

https://arcadiahistory.andornot.com/en/permalink/newspaper34321
Newspaper
Pasadena Star News
Date
October 8, 2015
Pages
p. A3
More detail
Newspaper
Pasadena Star News
Date
October 8, 2015
Pages
p. A3
Subjects
Arcadia City Council-2010-2019
Beck, Tom
Chandler, Roger
Kovacic, Gary
Segal, Mickey
Tay, Sho
Wuo, John
Item ID
34514AN
Collection
Newspaper Index
Less detail

Documents reveal fraud case against Arcadia-based Gemcoin, a cryptocurrency investment scheme. The Securities and Exchange Commission's (SEC) ultimate goal is to make Gemcoin chief Steve Chen return alleged fraudulently acquired millions with interest, pay hefty fines, and ban him from the securities business.

https://arcadiahistory.andornot.com/en/permalink/newspaper34329
Newspaper
Arcadia Weekly
Date
October 8, 2015
Pages
p. 1, 16
More detail
Newspaper
Arcadia Weekly
Date
October 8, 2015
Pages
p. 1, 16
Subjects
Chen, Steve
Gemcoin (company)
United States Securities and Exchange Commission (SEC)
US Fine Investment Arts, Inc. (USFIA)
Wuo, John
Item ID
34522AN
Collection
Newspaper Index
Less detail

John Wuo resigns from Arcadia City Council, "due to personal and health reasons." City and residents settle "Save the Arcadia Highlands" lawsuit, which highlighted the issue of mansionization. City Attorney Stephen Deitsch announced the terms of the settlement, which include these key highlights: 1) Bowden Development must submit a revised design for the 1600 Highland Oaks Drive home that will not exceed 5800 sq. ft. and is a single-story house. 2) The revised plan for 29 E. Orange Grove Avenue from Mur-Sol Construction must not exceed 5775 sq. ft. with a single story that won't exceed 17 feet, 6 inches. 3) The council will approve or disapprove the revised plans. 4) The developers must pay Save the Highlands' attorney fees. 5) The council will vote on resuming the residential zoning update and the Highlands portion of the historical survey at its next public meeting.

https://arcadiahistory.andornot.com/en/permalink/newspaper34330
Newspaper
Arcadia Weekly
Date
October 8, 2015
Pages
p. 1, 17
More detail
Newspaper
Arcadia Weekly
Date
October 8, 2015
Pages
p. 1, 17
Subjects
Arcadia City Council-2010-2019
Lawsuits
Segal, Mickey
Wuo, John
Item ID
34523AN
Collection
Newspaper Index
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Arcadia City Councilman John Wuo resigned, citing health and personal reasons. He had served on council for 12 years, including as mayor for 3 terms. His resignation comes on the heels of a lawsuit and intense scrutiny of his alleged involvement with GemCoin (digital currency) and alleged violations of the Political Reform Act's statement of economic interests disclosure requirement and conflict of interest.

https://arcadiahistory.andornot.com/en/permalink/newspaper34319
Newspaper
Pasadena Star News
Date
October 7, 2015
Pages
p. A1, A4
More detail
Newspaper
Pasadena Star News
Date
October 7, 2015
Pages
p. A1, A4
Subjects
Arvizu, David
Gemcoin (company)
US Fine Investment Arts, Inc. (USFIA)
Wuo, John
Item ID
34513AN
Collection
Newspaper Index
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Arcadia Councilman John Wuo's ties to GemCoin (digital currency) draw scrutiny. The Fair Political Practices Commission is investigating him for a potential violation of the Political Reform Act. Arcadia resident David Arvizu filed the complaint with the FPPC.

https://arcadiahistory.andornot.com/en/permalink/newspaper34320
Newspaper
Pasadena Star News
Date
October 6, 2015
Pages
p. A1, A4
More detail
Newspaper
Pasadena Star News
Date
October 6, 2015
Pages
p. A1, A4
Subjects
Arvizu, David
Gemcoin (company)
US Fine Investment Arts, Inc. (USFIA)
Wuo, John
Item ID
34512AN
Collection
Newspaper Index
Less detail

Arcadia firm US Fine Investment Arts (USFIA) is charged in fraud. Securities and Exchange Commission (SEC) alleges operator used GemCoin in a worldwide pyramid scheme, allegedly bilking investors out of $32 million.

https://arcadiahistory.andornot.com/en/permalink/newspaper34317
Newspaper
Pasadena Star News
Date
October 3, 2015
Pages
p. A1, A6
More detail
Newspaper
Pasadena Star News
Date
October 3, 2015
Pages
p. A1, A6
Subjects
Chen, Steve
Gemcoin (company)
US Fine Investment Arts, Inc. (USFIA)
Wuo, John
Item ID
34510AN
Collection
Newspaper Index
Less detail

Troubles mount in GemCoin (digital currency) scheme. Arcadia company is accused of scamming investors out of millions in a pyramid scheme since 2013, possibly earlier. Arcadia Councilman John Wuo denies any involvement, even after YouTube videos surfaced showing him at Gemcoin marketing events.

https://arcadiahistory.andornot.com/en/permalink/newspaper34318
Newspaper
Pasadena Star News
Date
October 2, 2015
Pages
p. A1, A6
More detail
Newspaper
Pasadena Star News
Date
October 2, 2015
Pages
p. A1, A6
Subjects
Chen, Steve
Gemcoin (company)
Johnson, Leonard Stacy
US Fine Investment Arts, Inc. (USFIA)
Wuo, John
Zhao, Weiwen (Wayne)
Item ID
34511AN
Collection
Newspaper Index
Less detail

Feds raid US Fine Investment Arts (USFIA) offices in Arcadia; Wuo's connections under more scrutiny.

https://arcadiahistory.andornot.com/en/permalink/newspaper34328
Newspaper
Arcadia Weekly
Date
October 1, 2015
Pages
p. 1, 16
More detail
Newspaper
Arcadia Weekly
Date
October 1, 2015
Pages
p. 1, 16
Subjects
Chen, Steve
Gemcoin (company)
United States Securities and Exchange Commission (SEC)
US Fine Investment Arts, Inc. (USFIA)
Wuo, John
Item ID
34521AN
Collection
Newspaper Index
Less detail

Feds seize assets of US Fine Investment Arts (USFIA), a company that sells GemCoin, a digital currency that is purportedly backed by amber and other precious gems. Arcadia City Councilman John Wuo has denied any connection to the company. Securities and Exchange Commission served a temporary restraining order against USFIA and CEO Steven Chen. USFIA is under scrutiny for allegedly defrauding investors.

https://arcadiahistory.andornot.com/en/permalink/newspaper34316
Newspaper
Pasadena Star News
Date
September 30, 2015
Pages
p. A1, A4
More detail
Newspaper
Pasadena Star News
Date
September 30, 2015
Pages
p. A1, A4
Subjects
Chen, Steve
Gemcoin (company)
US Fine Investment Arts, Inc. (USFIA)
Wuo, John
Item ID
34509AN
Collection
Newspaper Index
Less detail

Some residents call for Arcadia City Councilman John Wuo's resignation amid allegations that he used his position to influence local Chinese Americans to invest hundreds of thousands of dollars into a company called US Fine Investment Arts, Inc., which sells GemCoin, a digital currency, that some investors allege is fraudulent.

https://arcadiahistory.andornot.com/en/permalink/newspaper34312
Newspaper
Pasadena Star News
Date
September 17, 2015
Pages
p. A3
More detail
Newspaper
Pasadena Star News
Date
September 17, 2015
Pages
p. A3
Subjects
Gemcoin (company)
US Fine Investment Arts, Inc.
Wuo, John
Item ID
34506AN
Collection
Newspaper Index
Less detail

Some residents call for Arcadia City Councilman John Wuo's resignation amid allegations that he used his position to influence local Chinese Americans to invest hundreds of thousands of dollars into a company called US Fine Investment Arts, Inc., which sells GemCoin, a digital currency, that some investors allege is fraudulent.

https://arcadiahistory.andornot.com/en/permalink/newspaper34313
Newspaper
Pasadena Star News
Date
September 17, 2015
Pages
p. A3
More detail
Newspaper
Pasadena Star News
Date
September 17, 2015
Pages
p. A3
Subjects
Gemcoin (company)
US Fine Investment Arts, Inc.
Wuo, John
Item ID
34506AN
Collection
Newspaper Index
Less detail

GemCoin (cryptocurrency, digital currency) investors share fraud concerns with Arcadia City Council. Councilman John Wuo declined to respond to accusations of wrongdoing and their call for his resignation from council. Former Arcadia council member Floretta Lauber defended John Wuo.

https://arcadiahistory.andornot.com/en/permalink/newspaper34322
Newspaper
Arcadia Weekly
Date
September 17, 2015
Pages
p. 1, 16, 17
More detail
Newspaper
Arcadia Weekly
Date
September 17, 2015
Pages
p. 1, 16, 17
Subjects
Arvizu, David
Gemcoin (company)
US Fine Investment Arts, Inc. (USFIA)
Wuo, John
Item ID
34516AN
Collection
Newspaper Index
Less detail

Arcadia-based company US Fine Investment Arts, Inc. is under investigation by state and federal agencies as it faces allegations from investors that it swindled them out of hundreds of thousands of dollars. The company has connections to Arcadia Councilman John Wuo.

https://arcadiahistory.andornot.com/en/permalink/newspaper34311
Newspaper
Pasadena Star News
Date
September 16, 2015
Pages
p. A1, A4
More detail
Newspaper
Pasadena Star News
Date
September 16, 2015
Pages
p. A1, A4
Subjects
Chen, Steve
Gemcoin (company)
US Fine Investment Arts, Inc.
Wuo, John
Yang, Solomon
Item ID
34505AN
Collection
Newspaper Index
Less detail

Arcadia officials respond to document connecting councilman John Wuo with Gemcoin CEO George Klau. Wuo says connections to Gemcoin have nothing to do with city business.

https://arcadiahistory.andornot.com/en/permalink/newspaper34294
Newspaper
Arcadia Weekly
Date
September 10, 2015
Pages
p. 1, 16
More detail
Newspaper
Arcadia Weekly
Date
September 10, 2015
Pages
p. 1, 16
Subjects
Arcadia City Council
Klau, George
Wuo, John
Item ID
34488AN
Collection
Newspaper Index
Less detail

43 records – page 1 of 3.