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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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Grand Jury Request For Documents from City of Beaumont
The Question is: Is Hestrin going to Do His Job, or is he going to Cover Up Beaumont’s Bond & Construction Fraud AGAIN? I found this insert in the $12,680,000 CFD Bond the City acquired and threw … more
Beaumont’s Bond Requisition to Bank Statement Audit
In 2018 Beaumont Paid $49 Million to Pardee Homes, $7.4 Million to K Hov, $4.46 Million to Fairway Canyon, & $890,000 to ‘Stifle Nicholaus’ When a Federal Municipal Bond is acquired; Bond Fund Acc … more
Southern California builders are cutting prices to move glut of unsold homes
Zillow found price cuts on 25.9% of new homes in Los Angeles and Orange counties; 28% in Riverside and San Bernardino counties. Faced with the largest inventory of unsold finished homes in six years, … more
Pardee Homes’ $11.6 Million Payment from Bond Fund Accounts
In December the City of Beaumont Reimbursed Pardee Homes Mitigation Fees with Bond Debt. Guess Who Pays for the Bond Debt? Mitigation Fees are collected from the Developers by the City in order to ‘mi … more
Beaumont Applies Triple Tax with CFD 2019-1
It’s Illegal, but Violations of State and Federal Laws are what the Beaumont City Council do best. In 2018 the City of Beaumont acquired $130,830,000 in Bond Debt; an $81 Million Sewer Bond and the re … more
Beaumont City Council Meeting Agenda January 15, 2019
$4 Million Check Warrants, More Bond Debt for Pardee, Board & Commission Applicants. Beaumont City Council Meeting Agenda Closed Session 4:30 PM Regular Session 6:00 PM Beaumont Financing Authorit … more
2 x 2 Meeting City and Water District Canceled
Beaumont Solves their Violation of the Brown Act by Removing the Meeting from the Website. BCVWD Published a Cancelation Notice. The City of Beaumont and the Beaumont-Cherry Valley Water District have … more
Beaumont Audit & Finance Committee Meeting Tonight – Jan 7, 2019
After the Infamous 2018 Audit Fraud with McDougall; It’s Way Too Late for a ‘Fraud Prevention’ Policy. City of Beaumont Finance and Audit Committee Meeting Agenda Monday, January 7, 2019 Regular Sessi … more
PRR: City Attorney Eric Vail’s Contract with Beaumont
Citizens have the Right to View Eric Vail’s Contract. Vail’s other Employers have the Right to know Vail’s Involvement with Beaumont. The October 16, 2018, Beaumont City Council Closed Session Agenda … more
Beaumont Committee Vacancies: Honest Citizens Need Not Apply
Committee Vacancies: 4 Audit Finance Committee, 3 Planning Commission, and 8 Economic Development Committee Vacancies for 2019. City of Beaumont 2019 Committee & Commission Appointments Notice is … more