Town Square

Post a New Topic

2 Bay Area men, running Pleasanton companies, charged with $80M Ponzi scheme

Original post made on Jun 12, 2009

The San Francisco bureau of the Securities and Exchange Commission has filed a complaint against the operators of two Pleasanton companies with an $80-million Ponzi scheme.

Read the full story here Web Link posted Friday, June 12, 2009, 12:00 AM

Comments (3)

 +   Like this comment
Posted by Dave
a resident of Vineyard Hills
on Jun 12, 2009 at 8:26 am

California Republicans Anthony Vassallo and Kenneth Kenitzer, loved the freedom from financial regulation the Bush Regime afforded them that they donated generously to the RNC and NRCC and to their favorite candidate, Mitt Romney... all the while conducting a ponzi scheme much like Madoff's only smaller. They only ripped off $40 million dollars. I wonder if Romney will return the money they gave him.

 +   Like this comment
Posted by Suzy
a resident of Stoneridge
on Jun 12, 2009 at 10:03 am

Is the dishonesty and the despicable behavior these people perpetrated on their victims somehow limited to Republicans? What does that have to do with it?? Why can't teh story stand on its own without the negative political implication?

 +   Like this comment
Posted by Scooder
a resident of Vineyard Avenue
on Jun 16, 2009 at 9:06 am

Because it adds to the flavor of the whole smelly mess.

Don't miss out on the discussion!
Sign up to be notified of new comments on this topic.


Post a comment

Posting an item on Town Square is simple and requires no registration. Just complete this form and hit "submit" and your topic will appear online. Please be respectful and truthful in your postings so Town Square will continue to be a thoughtful gathering place for sharing community information and opinion. All postings are subject to our TERMS OF USE, and may be deleted if deemed inappropriate by our staff.

We prefer that you use your real name, but you may use any "member" name you wish.

Name: *

Select your neighborhood or school community: *

Comment: *

Verification code: *
Enter the verification code exactly as shown, using capital and lowercase letters, in the multi-colored box.

*Required Fields

Public Ivy Schools for 2015--Going By the ‘Virginia Rule’
By Elizabeth LaScala | 6 comments | 1,340 views

Me and Ashley, sittin’ in a tweet …
By Tom Cushing | 6 comments | 1,262 views

Exchange Club Meeting on First Amendment
By Roz Rogoff | 0 comments | 503 views