Search results

More Harkey/Point Center shennanigans http://www.latimes.com/business/la-fi-harkey3-2009mar03,0,4844957.story I like the quote from Diane Harkey saying she will take money from anyone as long as there is no conflict of interest. Yeah no conflict at all. Take the money and within a...

Regarding this letter from PCF, the Department of Real Estate concluded nothing. I guarnatee we will be hearing more from them again. And saying the DRE could uncover a Ponzi scheme is like saying Barney Fife wasn't able to pin a murder rap on you so you must be innocent. The DRE has been...

I am an investor with PCF and very angry. I made 3 investments with them totaling about $500k. If I'm lucky I might get $25k back. I realized in about 2006 that the loans he was making were horrible because one was a spec house near my own home and there was no way the appraisal was right...

Let's be clear here. Point Center broke all sorts of laws over the last 5 years and like so many of these schemes they come to light when the economy goes in the tank and there's no new money to continue the scam. They made loans they knew were doomed to fail. They presented borrowers to...