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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 Audit Finance Committee Meeting Tonight March 4, 2019
No 2018 Audit, No CFD Financial Reports, and They are One Forged Audit Too Late for a ‘Fraud Policy’ 1. Adoption of Minutes: Approval of minutes dated February 4, 2019 FAC Minutes 02.04.19 2. January … more
Beaumont City Council Agenda March 5, 2019
More Bond Debt and More No-Bid Contracts Gifted to Lawyers. Agenda City of Beaumont City Council Meeting Closed Session 5:00 PM Regular Session 6:00 PM 550 E 6th Street, Beaumont, Ca Tuesday, March 5, … more
Beaumont City Council Meeting – February 18, 2019 – What Did We Learn?
Mayor Julio Martinez was Did Not Know the City had Changed his Email Address. “I Trust my Staff” CLOSED SESSION 2. Significant Exposure to Litigation Pursuant to Government Code Section 54956.9(d)(2) … more
26 U.S. Code § 141. Private Activity Bond
Records show that 100% of the money Removed from the City of Beaumont’s Bond Construction Funds was Transferred directly to the Developers BONDS USED 100% FOR PRIVATE BUSINESS: Beaumont’s Bonds contai … more
2017 Audit Removed from Beaumont Website
If there’s Nothing to Hide, Why is Beaumont’s Staff and City Council Hiding?? Attached is a screenshot of the City of Beaumont’s website showing that the 2017 Audited Financial Statements has been rem … more
Beaumont Negative $28 Million General Fund Balance
With a General Fund Revenue of $16 Million; Beaumont claimed a total Revenue of $183,967,387.06 and total Expenses of $193,076,443.29. In an effort to meet the Securities and Exchange Continuing Discl … more
CVAN & Sierra Club Win CEQA EIR Challenge
To quote the Judge: “Final report needs additional analysis”. CVAN and the Sierra Club succeeded in challenging the CEQA EIR against the Gateway/San Gorgonio Warehouse project. To quote the Judge: “Fi … more
PRR: One Last Try for Bond Requisitions & Account Statements
Beaumont Staff claims that the Bond Trustee does NOT Sent monthly Statements & Staff does Not even know what Bond Fund Account Reports are. Attached are the Bond’s ‘Sources and Uses Pages’ and a s … more
Notice to S.E.C. that the Riverside D.A. is Faking it Again
If Beaumont’s Councilmen & Staff aren’t be assured by the Riverside District Attorney’s Office that they will never be Indicted, then who? Below is the letter I wrote to the Securities and Exchang … more
Beaumont Pays Developers $61 Million with No Invoices or Receipts
Pardee Homes Can NOT provide Documentary Evidence of Compliance with the Prevailing Wage that applies to the Facility. From Beaumont’s Bond Requisitions:”Also, this facility construction date started … more