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Riverside County Grand Jury Exposes Fraud and Deceit In CFD Bonds
The 2018/2019 Riverside County Grand Jury has released a Report titled: “Community Facilities District Bond Funding in Riverside County Perpetual Debt Under CFD and Service Area Taxes.” CFD Bond Fraud is rampant throughout Riverside County, but nowhere are the Mello Roos State Laws more violated than in the City of Beaumont.
Former Beaumont Officials Guilty in Corruption Case – Admit Engaging in Fraud
Four former Beaumont officials accused of corruption pleaded guilty Tuesday, Dec. 19, to charges including embezzlement, misappropriation of public funds and conflict of interest, and agreed to pay a total of $8.1 million in restitution.
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Beaumont wants to address development growth, slowly
The future of growth in Beaumont and whether the city should limit the number of homes to be built each year was the topic of discussion at a Feb. 24 city workshop. Beaumont city council members, alon … more
Beaumont Workshops
To the Editor, Beaumont’s two workshops made it abundantly clear to the citizens that the city will continue the practices of the past until they are forced to stop. The Citizens packed the Beaumont S … more
CORRUPTION PROBE: Beaumont to subpoena bank records
The city of Beaumont is serving Union Bank of California with legislative subpoenas this week to compel the bank to produce records detailing how millions of dollars in bond funds were spent by former … more
City Manager Recruitment Forum March 8, 2016
Beaumont City Council retains Avery Associates to recruit for City Manager. Community Input Forum March 8th. The Beaumont City Council retained Avery Associates, a professional recruiting firm located … more
Union Bank Paid $21.6 Penalty in 2007 for Money Laundering
In 2007 Union Bank of California Forfeited $21.6 Million to Resolve DOJ Bank Secrecy Act Violations. WASHINGTON – Union Bank of California, N.A., a wholly-owned subsidiary of UnionBanCal Corporation, … more
Beaumont Claims that the District Attorney and FBI List Never Gave the City a List of Items Confiscated During April 22, 2015 Raids
City Claims to Have No Idea What the FBI Confiscated When the State and Federal Government confiscate property from the private or public sector they must list every item confiscated from the person/b … more
Urban Futures Claims 230 Hours Worked In January to Reconcile Bond Fund Accounts Without Receiving Documents From Union Bank
Urban Futures 1,336 Hours Worked For What? On February 4, 2016 a Public Records Request was submitted to the City of Beaumont to produce all documents, communication to/from Urban Futures. Documentati … more
Beaumont to Issue Subpoenas to Compel Union Bank to Release Municipal Bond Fund Accounts
Union Bank is Bond Trustee to $350 Million Mello Roos Bonds in Beaumont and $2.2 Billion throughout California. City of Beaumont to Issue Subpoenas to Compel Union Bank to Release Municipal Bond Fund … more
Subpoena to Compel Union Bank to Release Bond Fund Accounts – Beaumont City Council Agenda March 1, 2016
Subpoena to Compel Union Bank to Release Bond Fund Accounts and Lots of Gifted Contracts Beaumont City Council Agenda March 1, 2016 Resolution for Jeff Fox Memorial Item 4.a City Council Issued Legisl … more
Mello-Roos taxes generate concerns from Beaumont residents
More than 400 people attended a Beaumont City Council workshop Monday night, expressing concerns about the high costs of their Mello-Roos taxes in special community facilities districts and wondering … more