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.
Arcadia residents and ex-mayor Mickey Segal threaten to recall city council members Roger Chandler, John Wuo, and Sho Tay for their decision to suspend a zoning code update last month. The issue involves a lawsuit, Arcadia Highlands Homeowners Association (HOA) and mansions. See hard copy in VF "City Council 2011-2020."
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.
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.
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.
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.
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.
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.
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.
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.
A Westfield poll shows four candidates in close contention for three seats in Tuesday's City Council election. The top four contenders are ex-Council members Sheng Chang and Bob Harbicht, current mayor John Wuo, and newcomer Peter Amundson.
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.
As part of Arcadia's 2003 centennial celebration, each council member has served as mayor for a three-month period of time. Mickey Segal will lead the city for the last three months until after the April 13 City Council election.
Arcadia company Gemcoin, a digital currency or "cryptocurrency," has been using Arcadia City Councilman John Wuo's image on its website and marketing materials. John Wuo denies any endorsement of Gemcoin.
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.
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.
City of Arcadia to revisit divisive, delayed mayoral appointment. The California Fair Political Practices Commission started an investigation into two matters related to Tay even before the April 24 City Council meeting, at which his appointment to mayor was delayed due to allegations of campaign fraud. City Council will address the issue again tonight.