![]() ![]() “It is probably the strategy of the city to somehow divert attention away from their wrongdoing, their breach of contract, their actions which would have put them in liability to Mr. His client complied with the terms of the lease agreement with the city, Seki said. “It is probably the strategy of the city to somehow divert attention away from their wrongdoing, their breach of contract, their actions …” - Bill Seki, criminal attorney for William Barkettīill Seki, who represents Barkett in the criminal case, said the city’s allegations are false. “But, instead, they went to support a lifestyle.” “We’ve reviewed thousands of pages of documents and they indicate there was a misuse of funds that were supposed to go to the preparation of studies and analyses for the solar project,” said Jamie Casso, Industry’s city attorney. (Photo by Watchara Phomicinda, The Press-Enterprise/SCNG) The rolling hills and grassy land of Tres Hermanos Ranch, a 2,450-acre preserve owned by City of Industry, between Diamond Bar and Chino Hills on Jan. The city alleges it was the only source of revenue for the two entities. The city sent out a series of demand letters to Barkett’s wife, son and daughter, as well as his long-time attorney, David Gilmore, requesting they turn over documents and return any funds they purportedly received from two companies tied to Barkett, San Gabriel Valley Water and Power LLC and BMF Limited LLC. Until now, there have been few details on where those funds may have gone.Ī new court filing by Industry, in its separate civil case against Barkett, alleges he used at least $5.3 million from the project to maintain his family’s extravagant lifestyle and to cover money he owed from other failed projects. Prosecutors allege more than $8 million given to Barkett to develop the solar farm on behalf of the City of Industry was instead spent on “personal items.” In September, the Los Angeles County District Attorney’s Office charged the developer, William Barkett of La Jolla, with embezzlement, grand theft, money laundering and misappropriation of public funds. ![]() ![]() Member FDIC.A developer accused of misappropriating up to $20 million from a failed solar project in eastern Los Angeles County allegedly pilfered more than $5 million of the taxpayer money to avoid foreclosure on a La Jolla mansion, pay off old debts to his longtime attorney and finance his daughter’s multimillion-dollar wedding in the French Riviera that featured a $360,000 performance by Italian opera singer Andrea Bocelli, according to new court filings. Deposit products and related services are offered by JPMorgan Chase Bank, N.A. Products not available in all states.īank deposit accounts, such as checking and savings, may be subject to approval. JPMS, CIA and JPMCB are affiliated companies under the common control of JPMorgan Chase & Co. Certain custody and other services are provided by JPMorgan Chase Bank, N.A. (CIA), a licensed insurance agency, doing business as Chase Insurance Agency Services, Inc. Insurance products are made available through Chase Insurance Agency, Inc. Morgan Securities LLC (JPMS), a registered broker-dealer and investment adviser, member FINRA and SIPC. Morgan Wealth Management is a business of JPMorgan Chase & Co., which offers investment products and services through J.P. Past performance is not a guarantee of future results. Investing involves market risk, including possible loss of principal, and there is no guarantee that investment objectives will be achieved. ![]() "Chase Private Client" is the brand name for a banking and investment product and service offering, requiring a Chase Private Client Checking℠ account. is a wholly-owned subsidiary of JPMorgan Chase & Co. “Chase,” “JPMorgan,” “JPMorgan Chase,” the JPMorgan Chase logo and the Octagon Symbol are trademarks of JPMorgan Chase Bank, N.A. ![]()
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