Town Square

Post a New Topic

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

Original post made on Jun 10, 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 Tuesday, June 9, 2009, 3:37 PM

Comments (11)

Posted by Dave, a resident of Vineyard Hills
on Jun 10, 2009 at 3:50 pm

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.

Web Link




Posted by Cholo, a resident of Livermore
on Jun 10, 2009 at 5:55 pm

BUSTED REPUBLICANS! HAHAHAHAHAHAHAHAHAHAHAAHAHHAHA...


Posted by Pleasanton resident, a resident of Another Pleasanton neighborhood
on Jun 10, 2009 at 6:07 pm

Idiots. When will they learn the Government doesn't like the competition?


Posted by Privatize, a resident of another community
on Jun 10, 2009 at 9:22 pm

I'LL BET THEY'RE PRODUCTS OF THE PUBLIC SCHOOL SYSTEM.


Posted by Curious George, a resident of Another Pleasanton neighborhood
on Jun 11, 2009 at 8:47 am

I wonder how they voted on Measure G?


Posted by Forest, a resident of Foothill Farms
on Jun 11, 2009 at 11:06 am

Typical Republican greed, nothing new.


Posted by Pleasanton resident, a resident of Another Pleasanton neighborhood
on Jun 11, 2009 at 11:44 am

Yes, only Republicans are greedy. Our local Democrats, namely our senators and congressional speaker don't make a dime off the trillions in pork we taxpayers have to foot the bill for. And we could spend all day on Fannie Mae and the hundreds of millions in bonuses to Democrats like Gorelick and Raines...and how much are the taxpayers footing the bill for that mess?

The ignorance of Dave and Forest are what happens in a society where the media and education system parrot the values and beliefs of the Democratic party. A healthy democracy (and republic, which is what we are) depends on an informed public to operate well, and judging from the current state of economic affairs, we obviously fail in this area.


Posted by Forest, a resident of Foothill Farms
on Jun 11, 2009 at 12:18 pm

Pleasanton resident,

Lay off all the Republican talking points. Lets not forget all this mess started during the Bush Era. The ignorance of "Pleasanton resident" is what happens when you listen to Fox News and AM Radio all day. Have fun in your little Rush Limbaugh World.


Posted by Cholo, a resident of Livermore
on Jun 11, 2009 at 8:43 pm

GREEDY Conservative Republican GOONS strike again! BUSTED...HAHAHAHAHAHAHAHAHHAHA...


Posted by Pleasanton resident, a resident of Another Pleasanton neighborhood
on Jun 19, 2009 at 4:19 pm

This thing is still on the front page? And Forest, is that the best you can do? Pathetic, I'm laughing at you.


Posted by Foothill High School, a resident of Foothill Knolls
on Jul 1, 2009 at 8:51 pm

Anthony Vassallo? I feel sorry not only for the idiots involved in the investments, but for Anthony's wife- Melissa McCleod and their kids.

What a disgrace to Pleasanton and its residents.


If you were a member and logged in you could track comments from this story.

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

DSRSD's Kohnen Scholarship on Hold
By Roz Rogoff | 0 comments | 782 views

Fifty Ways to Craze Your Donors
By Tom Cushing | 0 comments | 667 views

Pleasanton's water use matches Las Vegas
By Tim Hunt | 6 comments | 475 views

Be a sport: Send us your youth sports news, scores and photos
By Gina Channell-Allen | 0 comments | 411 views

When Adult Children Go Off to College: Keeping Your Eye on The Law
By Elizabeth LaScala | 0 comments | 342 views