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Bay Area firm’s fraud prompts 2nd lawsuit against Umpqua Bank

Published Fri, 01 Nov 2024 06:34:33 GMT

A second lawsuit has been filed against Umpqua Bank in connection with a multimillion-dollar fraud scheme engineered by a now-defunct Novato company.The lawsuit is the latest fallout surrounding the company, Professional Financial Investors, and its principals, Ken Casey and Lewis Wallach. Working exclusively through Umpqua Bank’s branch in Novato, Casey and Wallach raised millions of dollars, mostly from mom-and-pop investors, by promising them steady returns from investments in Marin County real estate.Casey and Wallach used money from new investors to make the promised returns to earlier investors and to fund their lavish lifestyles. The scheme unraveled after Casey’s death in May 2020.Wallach pleaded guilty to defrauding investors and embezzling more than $26 million of their money. He is serving a 12-year prison sentence.A class action lawsuit filed on behalf of more than a thousand investors claiming over $300 million in damages was filed against Umpqua Bank in 2020. The suit,...

Rent relief is still available for Californians denied COVID assistance

Published Fri, 01 Nov 2024 06:34:33 GMT

More than 100,000 California tenants whose applications for COVID-era rental assistance were denied or delayed by the state’s housing department will get another shot at relief, thanks to a new legal settlement between the state and a coalition of anti-poverty and tenant rights groups.More aid isn’t guaranteed. But under the terms of the settlement signed at the end of last month, California’s Housing and Community Development Department agreed to audit its past denials and improve multilingual access for tenants who don’t speak English as a first language.It also agreed to flesh out the appeal process for applicants and provide more detailed explanations when it denies an application. And it committed to providing more data on the race, ethnicity and location of those who were denied help.California’s housing department received $5.2 billion in federal relief funds in 2021 to help struggling tenants keep up with rent while the state’s economy ground to a halt during the height of t...

What you should know about Airbnbs and short-term rentals

Published Fri, 01 Nov 2024 06:34:33 GMT

In 2007 Brian Chesky and Joe Gebbia were broke and desperate to pay the rent for their San Francisco apartment. The Industrial Design Conference was in town and all the hotels were booked. So they offered attendees who needed a place to crash, airbeds, breakfast, Wi-Fi and a work desk. They called it “Air Bed and Breakfast.” What started out as an experiment turned into a hotel industry disruptor worth more than Hilton and Wyndham combined, second only to Marriott.Airbnb’s dominanceAirbnb’s highs and lowsCalifornia’s short-term rental restrictionsAirbnb’s extraordinary growth came under lax regulations on short-term rentals. Areas with a big Airbnb presence have had an increase in noise complaints, issues with parking and trash and the sentiment that rents were being forced up, limiting availability of affordable rental housing. As a result, municipalities worldwide have tightened restrictions on short-term rentals. Here’s a look at how restrictions vary in some of California’s dest...

Trellising tomatoes and harvesting herbs: 5 things to do in the garden

Published Fri, 01 Nov 2024 06:34:33 GMT

1. Trellis your row of tomato plants while they are still small. Hammer 8-foot stakes two feet into the ground, one on each end of the row and 10 feet apart within the row. Install hardware cloth (hard wire mesh) between the stakes. Place one tomato plant every two feet. Prune most suckers, allowing two or three stems to grow. You will not need to tie up your plants; just weave their stems in and out of the wire.2.  If you do not keep several inches of mulch around your citrus trees at all times – in which case fertilization of these and other fruit trees is not necessary – now is the time for the fourth and final application of citrus fertilizer for the year. The first fertilization is made in early February and every six weeks thereafter until this final application. Make it easy on yourself by procuring a product specially formulated for citrus and avocado fertilization, several of which are available at nurseries, home improvement centers or online vendors. 3. This is the approp...

Speed camera bill gets Assembly approval, now it’s up to Senate, Gov. Newsom

Published Fri, 01 Nov 2024 06:34:33 GMT

Cameras that can automatically send tickets to motorists who are speeding moved a big step closer to reaching city streets after the bill that would legalize such ticketing got state Assembly approval in late May by a wide margin.Assembly Bill 645, authored by Assemblymember Laura Friedman, D-Glendale, authorizes “speed camera” pilot programs in school zones and on high-injury streets with speeding problems in five cities, Los Angeles, Long Beach, Glendale, Oakland and San Francisco.Friedman’s bill was heavily backed in a 58-7 Assembly floor vote on May 31, and was introduced in the state Senate on June 1. The bill picked up both Democratic and Republican support.The bill’s next hearing may be before the Senate Transportation Committee, but that had not yet been scheduled as of Friday, June 9, said Leoda Valenzuela, a spokesperson for Sen. Lena Gonzalez, D-Long Beach, chair of the Senate Transportation Committee.If it goes to Senate Transportation, the bill must pass out of that com...

California doctor who became opioid ‘drug dealer’ gets 12 years in prison

Published Fri, 01 Nov 2024 06:34:33 GMT

A Tustin doctor who illegally distributed opioid pills linked to the death of an off-duty Costa Mesa fire captain, the suspected gunman in the Borderline Bar & Grill mass shooting and at least five overdose deaths was sentenced to more than 12 years in federal prison Friday, June 9, authorities said.Dr. Dzung Ahn Pham, who was also fined $35,000 Friday, was the owner of Irvine Village Urgent Care at the time he distributed more than 120,000 pills from Jan. 1, 2013 to Dec. 17, 2018, U.S. Attorney’s Office spokesman Ciaran McEvoy said.During that time, he wrote prescriptions for about 53,000 oxycodone pills, 68,000 hydrocodone pills and 29,000 pills of amphetamine salts using 18 different patient names, in exchange for cash and insurance payments, according to a plea agreement submitted in October when he pleaded guilty to conspiracy to distribute controlled substances.“(Pham), a licensed physician trusted by society and the patients that went to him, stopped treating patients and...

Catastrophic hunger crisis? California food banks flooded by families seeking help

Published Fri, 01 Nov 2024 06:34:33 GMT

By Rya Jetha | CalMattersCalifornia food banks, which saw more families seeking help during the pandemic, are now serving more people every month as extra benefits started during the pandemic come to an end.The end of such programs is reducing benefits to 5.3 million Californians and prompting the statewide food banks association to warn of a “catastrophic hunger crisis” this year.Instead of functioning as sources of emergency aid, food banks say they are becoming long-term supermarkets for Californians facing food insecurity.Recipients of CalFresh, California’s version of the federal food stamp program, were given the maximum benefits available for their household size during the pandemic, or at least $95 more a month if they were already at the maximum. However, those emergency allotments ended March 26, meaning that for some single-person households, CalFresh benefits dropped from $281 to as little as $23 a month.Also, a federal program that gives eligible households food benefit...

After FBI document shows preference for headquarters relocation in Va., Maryland officials blast off

Published Fri, 01 Nov 2024 06:34:33 GMT

This content was republished with permission from WTOP’s news partners at Maryland Matters. Sign up for Maryland Matters’ free email subscription today.An FBI document prepared for Maryland’s Congressional delegation states the agency’s new headquarters should be relocated near its training academy in Quantico, Virginia.The nearly five-page document, first reported this week by WUSA9, states that “the importance of proximity has remained a key element of the new FBI HQ project since its inception…”The letter comes in response to questions Maryland officials had in March when they met with representatives of the U.S. General Services Administration, which will make the final decision soon on whether to build a new FBI building in Northern Virginia or one of two sites in Prince George’s County, Maryland.According to the document dated this month, about 544 FBI employees who work at a facility that would be folded into a new consolidated headquarters “made a trip through the Quantico g...

CNBC: el 93% de los empleadores quieren ver estas 8 habilidades blandas en tu currículum

Published Fri, 01 Nov 2024 06:34:33 GMT

Al solicitar un trabajo, hay muchas maneras de optimizar tu currículum. Puedes consultar la lista para ver dónde se encuentran las prioridades del empleador en términos de experiencia y asegurarse de resaltar lo que es más importante para ellos, por ejemplo. Puede incluir cualquier logro importante, como superar los objetivos de ventas. Y puedes incluir un enlace a tu perfil de LinkedIn.Un grupo de expertos en carreras de habilidades que dicen que es crucial incluir son tus habilidades más blandas. Una abrumadora mayoría, el 93% de los empleadores, dice que “las habilidades más dóciles juegan un papel fundamental en su decisión sobre a quién quieren contratar”, dijo Ian Siegel, cofundador y director ejecutivo de ZipRecruiter, en el informe reciente de la compañía The Job Market Outlook para Graduados.Las habilidades blandas incluyen una amplia gama. “Diría que, en general, la comunicación ocupa un lugar muy alto en esa lista en este momento considerando cómo las pe...

Después de 100 días, el científico de Florida “Dr. Deep Sea” reaparece tras batir el récord de vida bajo el agua

Published Fri, 01 Nov 2024 06:34:33 GMT

(CNN) — Un profesor universitario de Florida completó su misión de investigación y estableció un nuevo récord mundial en el proceso: vivir 100 días bajo la superficie del océano.El viernes de la semana pasada, el Dr. Joseph Dituri sintió los rayos del sol por primera vez desde que el 1 de marzo se retiró a un complejo subacuático a 6 metros bajo las aguas de Cayo Largo, Florida.Dituri, de 55 años, ingeniero biomédico, profesor de la Universidad del Sur de Florida y autodenominado “Dr. Deep Sea”, pasó algo más de tres meses en el fondo de la Laguna Esmeralda, en el Jules’ Undersea Lodge, el único hotel submarino de Estados Unidos, según el sitio web del hotel.El proyecto de investigación, denominado Proyecto Neptuno 100, fue organizado por la Fundación para el Desarrollo de los Recursos Marinos, con sede en Cayo Largo, y se centró en la investigación de la conservación de los océanos y en el estudio de cómo afecta la compresión al cuerpo humano, según el sitio...