steven sears attorney cpa Client of steven sears attorney cpa are in default on mortgage debt - imminent loss of propertty to lender Internet
property at Ritz Cove Monarch Beach California is in imminent risk of default and will be turned over to the lender if payments are not promptly. The 4.7 acre commercial zoned lot has been approved for construction of a Hotel and parking structure but now the entire project is at risk of cancellation.
At completion this property could have been in direct competition with the Ritz Carlton and the St. Regis hotels catering to an unscale clientelle. The proposed development would have also been similar to the laguna cliffs resort in Dana Point.
Now due to the delays and refusal to pay the construction draw account all the investors may lose their entire investment. Some of the investors placed their IRA and 401K money in this project and cannot afford to fund their share from other sources.
The Department of Real Estate Public Report discloses the risk factors but not all the investors received this document. Also, This investment may be considered a security subject to the reporting under the Securities and Exchange Act of 1933 and 1934.
Other ivestigations are pending with the Federal Home Loan Bank and the Controller of the Currency. Bank Officers and Loan Agents may also have liability as fiduciaries and intermediaries subject to Truth in Lending Laws and disclosure of APR interest rates. If this contruction loan is not immediately brought current the investors will lose everything .
This Real Estate is a prime lot already approved for development by the Coastal Commission and this opportunity may never be available to the public ever again. many retired investors will never make the profit or return they were promised.
6 Updates & Rebuttals
tom
santa monica,California,
USA
More information for Consumers
#7Consumer Comment
Thu, February 18, 2010
Here's some interesting information that I found from his book. I found this book if these strategies are approriate for all situations.
For over a Century, Delaware has been the location of choice for more than fifty percent of the U.S. Corporations. The reason for the continuation of this trend relates to the Delaware Corporation Law which is one of the most advanced and flexible corporation statutes in the nation.
In addition, Delaware courts have established legal precedence as a maker of corporation law, and with the legislature taking a serious role in keeping the corporation statute and other business laws current, Delaware has established a strong partnership between business and government. Delaware has separate court system the Court of Chancery to adjudicate corporate litigation plus a fully established corpus of case law and a very capable corporate Bar.
Currently, Delaware corporations offer outstanding and unique opportunities for privacy, protection, and profits by taking advantage of Delaware state tax and business laws in the following areas:
1. No State Corporate tax on interest of other investment income 2. No State sales tax 3. No taxes on business transactions 4. No ad-valorem or value-added tax 5. Directors can change corporate bylaws 6. Stockholders are not required to be U.S. Citizens 7. A single person can be sole President, Secretary, and Treasurer 8. No Delaware capital shares or stock transfer taxes 9. Liability of a shareholder of a Delaware corporation in limited to the value of the stock held in the corporation plus the corporate tax liability 10. No State of Delaware inheritance tax on stock of Delaware corporations operating outside of Delaware held by non-residents of Delaware
In addition thereto, a Delaware corporation may be based, headquartered and/or operated in any state or territory of the United States-or in any city in any country in the world, and you are not required to maintain a Delaware business office address aside from the address of your Delaware Registered Agent which is required for service of process. The Governor of the State of Delaware signed into law Senate Bill No. 533, which permits a Delaware corporation to include in its original certificate of incorporation (or an amendment thereto) a provision to limit or eliminate a directors personal liability to a corporation or its stockholders for breach of his fiduciary duty of care as a director in certain circumstances. This section is intended to assist Delaware corporations to attract and retain highly qualified individuals to serve as directors, and many corporations have taken advantage of this section by adopting amendments to limit or eliminate director liability for breach of fiduciary duty. A very effective and useful Asset Protection entity would entail the use of a Delaware Corporation. The specific arrangement would depend on your particular circumstances, business activity, and the type of assets owned. If you are engaged in any business or if you own property.
I just wonder if any consumer have this type of corporate planning and if it works or not?
james
las vegas,Nevada,
USA
DR SEARS HAS HELPED MANY PATIENTS WITH ASTHMA AND ALLERGIES
#7Consumer Comment
Thu, February 18, 2010
HIS RESEARCH IS VALUABLE AND THE STUDIES AT JOHN HOPKINS RESEACH INSTITUTE HAS GIVEN HOPE TO MANY FAMILIES WITH DISABLED CHILDREN. THANKS TO THE MANY DEDICATED PEOPLE WHO HELP THE NEEDY. WE JUST NEED MORE PEOPLE LIKE HIM.
jim
las vegas,Nevada,
USA
exposure to toxic chemicals, gross poluter,
#7Consumer Comment
Thu, February 18, 2010
The HUMMER being driven by the Gross Polluter is the H1 notorious for being the worst EPA mileage and smog emitter. now this is worst than the TOYOTA scandal with the brakes and sudden acceleeration. STOP THIS GROUP FROM POLUTING THE EARTH AND SAVE OUR PLANET.
Phan
Tustin,California,
United States of America
Steven Sears Cpa Attorney Fraud
#7Consumer Comment
Tue, January 26, 2010
Steven Sears attorney SEX SCAM ARTIST- DEFRAUDING HIS CLIENTS
I paid him $10,000 for four defunct corporations under false pretense of asset protection..after I paid him .. he never return any of my phone calls.... never follow up and never instructed my how his four defunct companies should help me in my situations.... Steven Sears CPA attorney is Under IRS criminal Investigation... I have been contacted by the IRS about the money I have paid him.... I didnt need this headache.. I regret that I was a client of this Criminal Steven Sears Cpa..
The disclosed infromation are true and correct... I verified it myself... what a con artist.. Lies just about every aspect of his life...
Eight children, four girlfriends, three of them were pregnant at the same time... so much for Protect your family.. I will never have do my living trust ever,... if Steven Sears has NO family values whatsoever.. who would say that he knows how to protect them.?
Steven Sears Attorney arrested by Irvine Police Dept. and was convicted. Steven Sears CPA, Attorney is a CRIMINAL CASE #05SF1322
and
Steven Sears under IRS criminal Investigation
THIS IS HIS PICTURE AD IN NEWSPAPER,
THIS corrupted Lawyer is being charged by the STATE BAR OF CALIFORNIA FOR "SCHEME TO DEFRAUD" his clients. GO TO HIS STATE BAR OF CALIFORNIA WEBSITE
and see for yourself how many more victimis being defrauded.
I am a vitnamese native ex client of Attorney, CPA Steven Sears, Irvine, California. I was also a close friend of Yvonne Tran who is one of Steven Sears women who has four children with. I was invited by Yvonne Tran to attend a 4th of July party at their home in 21 Chester, Irvine, initially I was impressed with the beautiful house and drinks, food, using the swimming pool, Jacuzzi for all the kids to play. Then I went to his office for Legal advice regarding my foreclosure status and possible filing but I had too many properties and could not qualify for filing BK. So based on his advice I ended up paying $15K to buy 5 defunct companies to transfer most of the assets I have into it so I would qualify for the BK. I didnt feel that this is right and I hired another attorney and the second attorney asked him for a refund, Steven Sears refused. I had to do some search on that attorney Steven Sears, especially when I was at his house at the party.
Ladies and Gentlemen I was shocked to tell you the following: Steven Sears and Yvonne Tran introduced themselves to us as Husband and Wife, I saw wedding pictures at the walls at their house. At the same time I was at the Lamoreaux court located at 341 The City Dr., Orange, department L52, I saw Steven Sears and the same Yvonne Tran and the three other women of whom he impregnated were there too.
I asked around, they said that there are several child cases has been filed against Steven Sears. The child Services were involved and soforth. Is that possible to have a child support fraud??
According to Orange County Weekly Articles was published on February 22, 2007, Steven Sears has Four women, three of them were pregnant at the same time. I have personally observe Attorney, CPA Steven Sears was there and four of his women was there at department L52. Steven Sears other women's names, Gloria Lee, Nevine Carmlle and Gladys Bazan. Apparantly, Nevine Carmelle was working with this clown and now she disappeard. I have found a rip off report under "Nevine Carmelle and Steven Sears Fraud Representation" report.
I will continue my research till I get the bottom of this...!
In addition, what's been reported on that Lawyer regarding his Real Estate Broker License is right. THIS LAWYER'S REAL ESTATE BROKER LICENSE WAS REVOKED ON DECEMBER 2008, PLEASE CALL CALIFORNIA DEPARTMENT OF REAL AND ASK TO READ "DESISION". YOU WILL READ THAT HIS SECRETARY NORMA HOSKINGS TESTIFIED AND HER TESTIMONY WERE GIVEN NO WEIGHT AND DESPITE OF HER TESTIMONY STEVEN SEARS LICENSE WERE REVOKED.
A FEDERAL RICO COMPLAINT WAS FILED AGAINST STEVEN SEARS FOR FRAUD, SHAW V. STEVEN SEARS
A CRIMINAL RESTRAINING ORDER WAS FILED BY THE ORANGE COUNTY DISTRICT ATTORNEY AGAINST THIS LAWYER STEVEN SEARS.
DON'T BE DEFRAUDED BY STEVEN SEARS AGAIN AND FALL FOR HIS TRAP TO CONFUSE THE PUBLIC WITH HIS NAME. THESE ARE FACTS ABOUT THIS LAWYER.
IRS CRIMINAL INVESTIGATION IS BEING CONDUCTED AGAINST THIS LAWYER. IRS SUMMONED HIS BANK AND HIS COMPANY BANK INCLUDING BUT NOT LIMITED TO GLORIA LEE, AASE SEARS, TAX & FINANICAL ADVISORS INC.,..etc.
go to the Ninth Circut Court of Appeal case number 08-56899
after I had been thourghly confused about all these reports about Steven Sears. I needed to verify for myself whether or not that this cases are true and it does belong to this lawyer. So watch out for yourself...! illegal advice, ripping people off, cheating on four women, no respect to family values, criminally convicted, license being revoked, charges being brought by the state bar of california against THIS LAWYER...!!!
jim
las vegas,Nevada,
USA
commercial real estate bank owned properties dallas TX recourse debt now owed to Freddie Mac
#7Consumer Comment
Thu, December 17, 2009
The Recourse lender will be paying taxes on the distribution form the limited partners and are at risk for default and Cancellation of Debt form 1099 COD. These risks were fully disclosed in the PUBLIC REPORT and the SECURITIES AND EXCHANGE COMMISSION STOCK OFFERING PROSPECTUS.
INVESTORS ARE ACCREDITED AND MUST MAKE THEIR OWN INVESTMENT DECISIONS,
Nguyen
Irvine,California,
United States of America
IRS CRIMINALLY SUMMONED STEVEN SEARS BANK RECORDS
#7General Comment
Wed, December 16, 2009
Steven Sears
Attorney UNDER IRS CRIMINAL INVESTIGATION,CASE #08-56899
Clients of Steven Sears have been investigated and interviewed by the IRS... if you don't want to get a call from an IRS criminal investigator... don't be Steven Sears client.... this true information has been disclosed and verified in the federal court.