Troubled times hit Paso lender

Well folks, I have News for you and your investments they are all going south as we speak. It is an entire Ponzi Con. Look at her packet she did for Steinbeck Vineyards 401 K profit sharing plan it is now empty of value so are many others.

You who have lost need to file complaints with the US Dept. of Justice and the State's Attorney General as well. Her many companies are just a move and hide shell game. Her many companies such as Estate Financial, Inc., Buena Vista Place,LLC First Press Partners, LLC ERC 24, LLC DOYA Partners II, LLC DOYA Partners, LLC Estate Financial Mortgage Fund, LLC are just a few of her many companies all belong to Karen Guth and her close friends. She is deeply associated with Clavis Development International, LLC SLO-Verdot, LLC Verdot Group, L.P. Peter and Frans De Witte Mortgage Investors Fund, LLC, KITCO Holdings, LLC
Ventura-Duval South, L.P. Atascadero Ventures, LLC and so many more you would get a head ache. She uses her Partner and Lawyer Roderick Rodewald who is the husband of SLO County Clerk/Recorder Julie Rodewald to get the inside scoop to all of there advantage yet the investors are left out in the cold. Watch as she transfer's everything from DOYA to herself and goes belly up. It was all a scam. Since she likes to play golf alot and drinks heavily while playing golf Julie's lips get a little loose and she spits out information like a drunk sailor.

Wow, I was told things were bad, but when i read the story and contacted my financial planner and he in turn contacted those handling the investments we just learned we will get NO PAYMENTS.

So thanks for the heads up now we have to file suit to recover what may be a massive loss of us, I am sending a complaint to the State.

I have news for you no checks are coming she is going to file for BK Protection and is finished.

I found out yesterday we are going to lose it all $$and as it turned out one of the posting was correct they are all related and the Lawyers who scammed us are Allen Hutkin his wife Maria Hutkin both local lawyers and one of there partners in the crimes Adam M. Daner all of SLO and all have screwed us investors and protected the dishonest builders and developers. I golf with a lady who did confirm County Clerk/Recorder Julie Rodewald is in fact married Roderick Rodewald who just happens to be Estate Financial, Inc. founder Karen Guth Lawyer and personal friend who knew it was all a Ponzi con. The State Bar will hear about this.
Jen

You ain't see nothing yet, your assets and liquid funds are gone and moved to off shore accounts once the bankruptcy is over they will live off the hidden assets BK will be filed shortly. You will see it all crash within the next several days.

I too learned it was a con game with many of those who control it knew it was a fraud. I was told her lawyer Roderick is going to remove himself from her asap so he and his wife julie will not get caught up in any criminal probes. The VERDOT people i learned are related to Rob Rossi and Ron W. Hertel what a huge con game they played on us.

Hello investor there are in fact civil lawsuits against karen and EFI see CV-070535 Filed by crooked lawyer Adam M Daner. EFI is going bankrupt as others have said Karen Guth can not afford her lawyer so one of them is leaving for failure to be paid you must protect your self now.

Steven, you say you must protect yourself now, but how do we go about that? Seriously, do we get a lawyer? Do we file complaints at the DA? What process does an investor need to go through to make sure they are protected?

And PLEASE, anybody who knows anything about this, WRITE IN! The more info the investors know, the better off we are!

Cindy wrote:

Well folks, I have News for you and your investments they are all going south as we speak. It is an entire Ponzi Con. Look at her packet she did for Steinbeck Vineyards 401 K profit sharing plan it is now empty of value so are many others.
You who have lost need to file complaints with the US Dept. of Justice and the State's Attorney General as well. Her many companies are just a move and hide shell game. Her many companies such as Estate Financial, Inc., Buena Vista Place,LLC First Press Partners, LLC ERC 24, LLC DOYA Partners II, LLC DOYA Partners, LLC Estate Financial Mortgage Fund, LLC are just a few of her many companies all belong to Karen Guth and her close friends. She is deeply associated with Clavis Development International, LLC SLO-Verdot, LLC Verdot Group, L.P. Peter and Frans De Witte Mortgage Investors Fund, LLC, KITCO Holdings, LLC
Ventura-Duval South, L.P. Atascadero Ventures, LLC and so many more you would get a head ache. She uses her Partner and Lawyer Roderick Rodewald who is the husband of SLO County Clerk/Recorder Julie Rodewald to get the inside scoop to all of there advantage yet the investors are left out in the cold. Watch as she transfer's everything from DOYA to herself and goes belly up. It was all a scam. Since she likes to play golf alot and drinks heavily while playing golf Julie's lips get a little loose and she spits out information like a drunk sailor.

Is this part of Point Center Fiancial?

Joanne wrote:

Steven, you say you must protect yourself now, but how do we go about that? Seriously, do we get a lawyer? Do we file complaints at the DA? What process does an investor need to go through to make sure they are protected?
And PLEASE, anybody who knows anything about this, WRITE IN! The more info the investors know, the better off we are!

YES, first you need to get all your records and documents together. Hire a well educated forensic CPA, once they advised you of the their thoughts. If it appears to be a Ponzi Scam, REIT, First TD, WRAP a Fraud then write a detailed letter to the State Attorney General's office Criminal Office CC; To Local DA, SEC, Dept. of RE, FBI ( Los Angeles Office ) and finally one to the US Attorney in DC. FAST

Billyo wrote:

<quoted text>
Is this part of Point Center Fiancial?

Yes I am told it is involved with them and National Financial Mortg. with Atascadero Ventures, LLC MAJOR DOMO, LLC R.W.H.P. LLC they have operations in Florida as well. Other names that are associated have been Robert John Samuel Fowler, Robin Rossi, Rob Rossi, Karl Wittstrom, etc.

Billyo wrote:

<quoted text>
Is this part of Point Center Fiancial?

Yes it is

RW Hertel & Sons, with his partners, Jim Burns and Robert JS Fowler have again failed to pay the bills you asked us to rid the Rancho Obispo Project of the ill effects of your leaking homes causing Mold. Yet you have month after month FAILED to pay for our services. PAY UP you lying crook. We will sue your firm if you fail to pay and file mechanics liens so stop the fraud as everyone knows you pull and pay your past due bills.

I can only say I am speachless after reading all the present information.
My family and I have our life savings in the fund to create income to cafe for our 90 year old mother. Needless to say hardship is an understatement. We have had our attorney meet with Karen and were advised to see how it goes. I looks like it is going in the wrong direction.
Any information will help us all so please continue
to post what you know and your opinions as what steps to take.

About Estate Financial. The real story is on line and the investors have been making contact with each other. They are planning a large meeting. The story about Karen Guth and all the latest breaking investigations can be found at uncoveredslo.com ..
Good Luck to all of you.

We just heard about this site and the investors that were blogging here on KVEC radio. Go to uncoveredslo.com and read the story about the DA and FBI who are investigating. There are earlier stories there too about Estate Financial and the truth. Many investors are making contacts there. They had a meeting last month with over 250 people. They will be posting when and where the next meeting is and the strategy.

Read the stories from 3/14 and 3/18 and 4/3 at uncoveredslo.com . The 3/18 story is from after the big meeting. Investors are trying to locate their project partners to take control collectively of their projects. There will be another meeting soon. Ther are over 300 comments from investors on these investigative articles.

I am a builder who helped organize the "big meeting." I borrowed from Estate Financial and never got to finish my projects. I have filed several lawsuits against her, Joshuga Yaguda and Estate Financial.
I just learned of this site.
Want to hear what I have to say, Email me with your phone number - ron@ cooperdevelopment.com . and I call you. Or have your attorney call me. As an example of what I have to say - more than 6 months ago I offered Estate almost $7M dollars for one of my projects that she would not finish as promised. That would have given the investors - assuming she gave the money to them - almost 75% of their money back. She never responded to me and never told the investors I made that offer.

That is because she is cleaning house. Concealing assets, as an example she sold 5448 Regio Place, Atascadero on paper for 450K to Pagent pocketed the off paper monies under DOYA Partners LLc. This really was and is a ponzi con. Brian Wilson Construction is suing and using Adam M daner a con man lawyer who also represent another associated scam with Atascadero Ventures, LLC and RW Hertel & Sons with the Rossi's and Fowler etc. with Karen. This needs to get a federal investigation for wire fraud, loan fraud, bank fraud and application of investment fraud. Many of the players are concealing ill gotten monies into Holding companies in Nevada, Delaware and off shore. Willian Zech a non bar member lawyer is behind some of this scam he works for Hertel Investment Group and 5 Mile Bridge wines.

Jeph - what do you mean by 'pocketed the off paper monies.' Let's say she sold this property for 450K, the returns to the investors after realtor fees and other minor expenses should go back to whoever lent the money, right? ie, the Fund, individual investors, etc. What is 'off paper monies' and how is she channeling it through her DOYA Partners LLC? Or at least what is your take on this? What am I not getting here?