Jim Bellino, Housewives Hubby, Sued For Fraud

Categories: TV
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Bravo
Jim and Alexis Bellino
More real problems for the stars of The Real Housewives of Orange County

Jim Bellino, hubby of Housewife Alexis, is being sued for fraud, deceit, wrongful foreclosure, breach of written contracts and other accusations, the Register reports.

Shashi Tejpaul and Gail Duncan contend that Bellino's company, California Empire Funding Corporation, wrongly foreclosed on their Laguna Beach property called InVogue Hotel, after lending them $2.13 million in a refinance loan, with an annual interest rate of 13.99 percent. The plaintiffs are asking for the property back, $275,000, a percentage of the sale of the property and attorney's fees. The case is set to go on trial on Jan. 10. 

These legal woes come as Bellino also faces foreclosure on his 6-bedroom, 6,400-square-foot Newport Beach home. An auction is scheduled for Jan. 10, the same day of the trial.

Will we get to watch the meltdown on reality TV? Let's hope.  
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14 comments
Seed Capital
Seed Capital

 Wow . Great article . Words are well emphasized and stated . :)

Jdub
Jdub

i knew jim bellino , when he owned wholesale billiards he bought a lot of product fm me and went out of business and did not pay his bill. this guy was also wanted for fraud on sports items. i saw him in vegas high and drunk off his mind with some bimbo, nice guy

Kylenice
Kylenice

Jim Balino is a good man. Why is it when a man wants to be a christain and a business success story people want to take you down. Guys this man supports his family. Loves his wife. Lives for his kids, Oans money to people who cannot get mortgages anywhere else. Why does this make him a bad person. I mean get real here people. He is amazing. This guy is a person we should all look up to.He is a good person, a good husband, who supports his wifes endevors. Lighten up people. Give this guy a break!

Gray73
Gray73

You just know they were criminals by the way the always talked about being such christians.

teacch
teacch

Did anyone bother to check out their lawyer for this case, Michael York? He is Bellino's brother in law. Check the State Bar attorney search. Lots of trouble with the state bar here.

teacch
teacch

Did anyone bother to check out their lawyer for this case, Michael York? He is Bellino's brother in law. Check the State Bar attorney search. Lots of trouble with the state bar here.

Beth_12
Beth_12

Another OC husband who will end up living off of his wife's salary! Simon, Slade, Frank... these guys can't keep jobs. Good catches ladies!

F&B4OC
F&B4OC

Michelle I thought you were a better reporter than this and was really hoping you'd turn things around so you could get out of the blog circuit and into the real media. Sad you resorted to taking this story. Hope you'll consider writing vetted material in the future. This is trash and I KNOW you know better.

Stephane
Stephane

Hello I have a film production co where an investor provided 25 k for an IPO the strange thing was every time I met with this investor he had to have his girlfriend-lawyer presentbecause I am an honest person I did not want to make him feel uncomfortable so I agreed to allow her presence both as his girlfriend and as his councel. After all I had nothing to hide. To my supprise 60 days after investing 25k into my co. for an IPO he sues me for fraud stating I spent the money on myself which was untrue. Is this a conflict of interest and should I be concerned about a rat. What is up with todays world where a person cannot even start a business wiithout being acused of fraud. Any new co. needs seed capital I raised 700k for this start up and this punk expects returns on his investment prior to the IPO which is not possible we are a start up film production co with 7 years of sucessful film and commercials under our belt and this kids told me he had contacts in the music world which was all untrue then he sues me. 60 days after investing It is my opinion that he set me up for quick settlement scam. I am not buying into this kid.What should I do? Any thoughts?  Please respond. Stephane@altitudeent.com310-498-3587This totaly blind sided me when I was served. Now he want 100k for 20 k investedI in fact put 5 k in his pocket to service debt during the IPO because he barrowed 25k to get in then he said he wanted 5k to service the loan of which I agereed to take on 25k of the debt for 20k in funding he agreed to invest 200k but fell short of funding and then sued me crazy aye.

F&B4OC
F&B4OC

Michelle I thought you were a better reporter than this and was really hoping you'd turn things around so you could get out of the blog circuit and into the real media. Sad you resorted to taking this story. Hope you'll consider writing vetted material in the future. This is trash and I KNOW you know better.

Tannerevans
Tannerevans

If you do not care why are you commenting fool

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