David Rose Gets 5 Years and Must Pay Doctors, Dentists and Orthodontists $2.3 Million

Courtesy of the FBI
David Rose's former $80,000 Sea Ray boat
An investment professional who stung physicians, dentists and orthodontists for $2.3 million--and spent the money he received on a Cota de Caza home, college tuition, luxury cars, shares in the Green Bay Packers and the $80,000 boat shown above--was sentenced in Santa Ana federal court Monday to nearly five years in prison.

More »

Meet 32 of Your OC Friends and Fraudsters

Photo by flickr user Bart
Does he look like he's made of money?
What's that neighbor of yours up to, I mean really? Can we ever know? Well, in the case of the following 32 Orange County neighbors, we now know they've been up to stealing and embezzling and frauding buttloads and buttloads of moolah.

More »

Mike Trout and The Walking Dead Cast Have Something Fishy in Common

PSA/DNA Authentication Services
Are those written in ink or zombie blood?
What do Angels MVP Mike Trout and cast members of The Walking Dead have in common? Their respective signatures are among the most-often forged on fan photos and memorabilia, according to a Newport Beach authenticator of John Hancocks.

More »

If You Are an Orange Countian Reading This, You May Be Leaving Some Money on the Table

Categories: Cha-Ching!

Photo by flickr user Louish Pixel
Grab it!
How would you like to start out the new year with old money? A new study finds Orange County is one of the top counties in the nation with unclaimed funds.

More »

Reports of Shopping Malls' Death Have Been Greatly Exaggerated, Says Irvine Analyst

Categories: Cha-Ching!

walmart small.jpg
Photo by Brandon Ferguson/OC Weekly
"Who had the last Chia Pet Zombie?"
"There are those that argue consumers have moved on from shopping at the mall in favor of online purchasing--the naysayers who claim it is just more convenient to place an order on Amazon.com or that the outdated post-Thanksgiving Black Friday has given way to the more popular Cyber Monday. But visit most malls on any weekend or during the holiday season and you'll see firsthand that its demise has been greatly exaggerated--the classic mall is just in a transition period."

-Scott Hook, executive vice president at Coldwell Banker Commercial Alliance in Irvine, in GlobeSt.com's "The Reincarnation of Traditional Malls"

More »

This Holiday Season, Don't Forget to Set a Little Aside for Orange County's Millionaire CEOs

Photo by flickr user Transguyjay
Underpaid Orange County CEOs must pull themselves up by their suspenders.
The quest for a year-round homeless shelter in Orange County has been delayed yet again. Nonprofits that feed the needy are scrambling to come up with enough food for holiday meals. In these globalized, post-recession, stagnated wage days, the lines of sorry souls in need of assistance just keeps growing.

But as we head into Thanksgiving and Christmas, forget about those people. For those who are really hurting are Orange County's CEOs, who are desperately trying to make ends meet on an average annual salary of $1.8 million.

More »

"Mr. C" Tom Bosley was Unwittingly Tied to $13 Million Scam Led by Fugitive-Turned-Convictee

Paramount Home Entertainment
Howard Cunningham (Tom Bosley) and The Fonz (Henry Winkler) wind up battling in court in the Happy Days episode "Two Angry Men."

The hammer finally came down this week on a scamster who fled the country 15 years ago when the FBI started investigating his Newport Beach company, which used telemarketers to reach investors into a supposed family-oriented entertainment website whose spokesman was "Mr. C.," the late actor Tom Bosley.

More »

Santa Ana Federal Judge Seeks August 2015 Trial on $5 Bil Suit Against Standard & Poor's

Photo by flickr user Brook Ward
Watch for falling assets.

Hey, remember that worldwide economic collapse of 2008? My, how time flies when you're watching your 401k vaporize. Well, the litigating over those blamed for helping cause the free-fall is not over, as evidenced by a case in U.S. District Court Judge David O. Carter's courtroom, where the U.S. Justice Department is suing the Standard & Poor's credit rating system for $5 billion.

More »

Donald Keith Goff Cops to Scams That Cost SBA and Financiers of Gas Station Loans Millions

Photo by flickr user Thomas Hawk
Welcome to you know where.

A Laguna Niguel businessman who took a bank, the Small Business Administration and the financier of a Fountain Valley gas station for millions and millions of dollars recently copped to multiple fraud counts in federal court and now faces up to 70 years in prison.

More »

Daniel Gilbert Becerril II Gets 15 Years for Defrauding 2 Clients and Slaying One of Them

AP Financial
Daniel Gilbert Becerril II defrauded two of his AP Financial clients and slayed one of them.

An Orange County financial consultant--who had been held for the murder of an artist/Russian immigrant/Los Angeles school teacher as part of a complex theft and money laundering scheme--pleaded no contest to voluntary manslaughter and other counts last week and was sentenced Wednesday to 15 years in state prison.

More »