Showing posts with label CEO Ray Davis. Show all posts
Showing posts with label CEO Ray Davis. Show all posts

Monday, October 25, 2010

Umpqua Bank Corruption, Conflicts of Interest...

" Umpqua Bank settles $30M lawsuit over alleged Ponzi scheme

Umpqua Bank has settled a $30 million lawsuit with the trustee and creditors of Bend-based Summit 1031 Exchange, which had accused Umpqua of aiding and abetting Summit in an alleged Ponzi scheme.

Terms were not available and the parties involved would say only that a settlement was reached, adding that a final document had not been signed, The Bulletin reported.

Both Kevin Padrick, the court-appointed trustee for Summit's 2008 U.S. Bankruptcy Court filing, and Michael Simon, the attorney for some of Summit's creditors, told the Bend newspaper they were barred from discussing the settlement.

Umpqua Bank's general counsel, Steve Philpott, also declined comment.

The 16-month-old lawsuit was initially filed by Padrick, who is in charge of liquidating Summit's assets, such as real estate, in the bankruptcy proceedings for the creditors.

The complaint accused Umpqua Bank of continuing to solicit bank deposits from Summit and promote Summit, even after Umpqua learned of what Padrick alleged was a Ponzi scheme.

As a 1031 exchange, named after Section 1031 of the U.S. Tax Code, Summit would help real estate investors avoid capital gains tax on the sale of a property. Investors can avoid the tax by purchasing another property within 180 days.

Summit eventually ran into liquidity problems, stating on its website that it was short $14.2 million.

It later filed for bankruptcy in December 2008 because the money was tied up in real estate, rather than kept in liquid bank accounts, according to court documents.

Padrick alleged in the lawsuit that the principals of Summit had embezzled money for years by lending Summit's funds to another business they controlled.

The lawsuit said Summit could only pay back former clients by finding new ones and alleged "the principals engaged in a classic Ponzi scheme."

Umpqua denied wrongdoing in the case it settled with Padrick and the creditors. .."

Source and Full Article
http://abcnews.go.com/Business/wireStory?id=11921664

Folks there is Lot's More to This Story... Got a Tip? Email me at Crystal@CrystalCox.com - also Kevin Padrick is VERY Corrupt.. Got a Tip on Kevin Padrick Corruption, Fraud, Tax Crimes, Solar Tax Credit Crimes... ?

Thursday, June 24, 2010

Myrtle Creek - Roseburg Umpqua Bank Obsessed with Uganda

Kind of Reminds me of the Scene in the Movie "Ghost" where that guy was tyring to get his funds to come u on the computer.. over and over sweating it out.. Why is Myrtle Creek Oregon Umpqua Bank so Upset - Fascinated - Intrigued over my Uganda Posts... I mean come on this is not Rocket Science Folks... a few months back there was searches.. Brian Stevens - Summit 1031... search about the Summit Bankruptcy from Uganda, searches of Umpqua and yesterday a search from same town in Uganda for Umpqua CEO Ray Davis eMail... Come on.. THEY know I am watching.. how dumb are these Criminals.. Really..

So Umpqua Bank CEO Ray Davis helped Brian Stevens HIDE assets in Uganda?

Tell Me More..
Crystal@CrystalCox.com

Thursday, April 8, 2010

Who LOVES this Blog? Stephen E. Taylor - Eagle Point Umpqua Bank - Bank of Napa - Liberty Financial Group - Macquarie Holdings

Blog Visitors...

Bank of Napa
Napa California
20 HOURS .. WoW
now Who Else do we Know in Napa???

7th April 2010
15:21:33
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No referring linkwww.ceoraydavis.com/

7th April 2010
15:25:47
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No referring linkwww.ceoraydavis.com/

7th April 2010
15:27:50
Exit Link
http://www.faqs.org/sec-filings/100219/UMPQUA-HOLDINGS-CORP_10-K/#tx94152_6#ixzz0gbbbbEOP

8th April 2010
11:57:31
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No referring linkwww.ceoraydavis.com/


Eagle Point, Oregon
Umpqua Bank


San Francisco, California,
United States
Stephen E Taylor


Eugene, Oregon, United States
Liberty Financial Group

New York, United States
Macquarie Holdings


Much More Coming Soon..
Got a Tip on CEO Ray Davis?

Email Me at
Crystal@CrystalCox.com

Monday, April 5, 2010

CEO Ray Davis - VP Brad Copeland - Umpqua Bank Compliance Officer Duties - A Bank CEO and Vice President KNOW their Duties.

I Believe, IN my Investigative Blogger OPINION.. that Umpqua Bank CEO Ray Davis and Umpqua Bank Vice President Brad Copeland are Hiding some huge secrets that the Summit 1031 Creditors have a Right to KNOW...

Here are a few tidbits on Compliance Officers...

Umpqua Bank Compliance Officer Job Description, in Online Job Offers ...

"Ability to demonstrates compliance with all bank regulations, Follows all Bank policies and procedures, compliance regulations .."

Who Hires a Compliance Officer for a Bank?

Who Knows Full Well What the Duties of a Compliance Officer Are?

What is the Umpqua Bank Compliance Program ? Does it state that emails will be monitored for quality control or compliance?

" The Chief Compliance Officer serves the CEO and Board of Directors by reporting on the Company’s compliance efforts and providing guidance on compliance matters. The Chief Compliance Officer, together with the Compliance Committee (or other committee) of the Board, is authorized to implement all necessary actions to create an effective compliance program."

So the CEO of Umpqua Bank knows FULL Well What a Compliance Officer Does Right? And so does an Umpqua Bank Vice President, who are you trying to FOOL? Oh .. the Creditors..

Part of the Duties of a Bank Compliance Officer is to Provide reports on a regular basis, so the Executives at Umpqua KNEW that the Email Monitoring was a part of the Compliance Officers Job - there is No Way that they did not know that email would be in this 100 Million Dollar Scandal.. keep in mind Summit 1031 had a BILLION dollar pass through their Greedy Mitts over the last Decade...

An Umpqua Bank Compliance Officer Can can review email dialog for content. The Bank CEO and Vice President KNOW THIS... without a Doubt.

Compliance Regulation Bank, Umpqua Bank Compliance, Umpqua Bank Compliance Officer Duties, Chief Compliance Officer , and more.. coming soon..

Coming Soon and Research Tips, Find an Old Lawsuit that Umpqua Bank Brad Copeland and Or CEO Ray Davis were in or had to know about, where the emails were used - this proves they knew that in the Summit 1031 Case the eMail would be an instrumental part of the case again.

Get a Copy of Umpqua Bank Policy and Procedures to see if ANYTHING to do with email monitoring, or saying that emails will be part of a lawsuit.

In that eMail Umpqua Bank Brad Copeland admits to knowing that emails are subpoenaed, that only admits Guilt. Vice President Umpqua Bank knew that THOSE emails would be part of the record and so he sent that Email to CEO Ray Davis to Make sure it was Part of a Lawsuit that they Full well knew that had Plenty of Exposure on.

Brad Copeland admits in that email that the Summit 1031 Principles asked them to "get in bed with them" - So how can Summit 1031 say they did do this?

And if Umpqua Bank CEO Ray Davis and Vice President Brad Copeland did not "get into bed with" Summit 1031 - Summit Accommodators, Lane Lyons - Tim Larkin - Brian Stevens and Mark Neuman ..

WELL then WHO did, because what is playing out to me shows that those boys are not real smart.. so someone hid their assets and helped them hid money for many years... WHO Was it?

I Say, in My Opinion, the CEO Ray Davis and Vice President Brad Copeland are trying to hide something HUGE and that they know a lot more on the Summit 1031 Scandal then they have yet to admit. I Say, in my Opinion - that they staged that email in hopes of avoiding a .. say 30 Million Dollar Lawsuit and that they, in my Opinion were indeed in bed with Summit and in a Very Big Way..


Compliance Officer Research Links

http://www.ucdmc.ucdavis.edu/compliance/program/job.html

http://www.complianceweek.com/article/1279/sample-job-description-chief-compliance-officer

http://www.igniterealtime.org/community/thread/34234

Also Research the HUGE Scandal about Compliance Officer Peter Sivere - the JPMorgan Whistleblower - who caught an email that incriminated the big boys and THEY Fired Him...

http://www.senseoncents.com/2010/01/the-sec-pimped-peter-sivere/

http://www.noquarterusa.net/blog/2010/02/03/sec-ig-report-george-demos-pimped-peter-sivere/

Sunday, April 4, 2010

Why Crystal L. Cox, Investigative Blogger Believes there is a High Possibility That Summit 1031 Exchange REALLY is "in bed with" Obsidian Finance Group?

What If, ... as we see in Mark Neuman, Summit 1031 Principles eMails to Investigative Blogger - Mark Neuman or Really any of the 4 Summit Principles or Affiliates really did take that "Attorney Advice" that Mark Neuman Tells Crystal L. Cox in his emails to her.. that he was given advice from his own attorney that he better jump in bed with Kevin Padrick.

What if the ONE or ALL of the Summit Principles ALL ALONG or at ANY point over the last 15 months... did actually get into bed with "Kevin Padrick" - "Obsidian Finance Group"?

What if the Umpqua Lawsuit was staged somehow to make Obsidian Really Look outside of it all?

I, Crystal L. Cox - Investigative Blogger now Believe that Umpqua Bank Executives knew full well that their eMails were constantly monitored by a Compliance Officer, it is the Nature of the Job and a 2 Million Dollar a Year Salaried CEO of a Multi-Billion Dollar Bank would have to know that.

What if Kevin Padrick, Obsidian Finance Group put that eMail in his report to give Umpqua a Way out?

I mean Judge Dunn seemed to Favor Umpqua right? 
Yet we know from the Sound Byte that Bankruptcy Whistleblower Stephanie DeYoung posted that Judge Dunn actually picked, appointed and kind of forced Kevin Padrick into the Role he has in the Summit 1031 Bankruptcy. ( a Side Note to this, we also know that Bret DeYoung was upset and knew Mark Neuman would be upset that Stephanie, on her own, posted that sound byte of Judge Dunn appointing Kevin Padrick)

So Judge Dunn, Kevin Padrick and Umpqua may be, really more Chummy then they would like the public to believe.  And Bankruptcy Whistleblower Husband Bret DeYoung may be alot more "in bed with" Father in Law Summit Principle Mark Neuman then we knew..

The Umpqual Email - Staged Event..
With those eMail Communications between Umpqua Vice President  Brad Copeland and Umpqua CEO Ray Davis it just does not make sense that this happened after Umpqua Filed for Bankruptcy and that only this email surfaced the way it did...
 
See .. why are there not other communiciations between Umpqua Executives in house, with Summit, with Realtors, with Mortgage Brokers, Attorneys or anyone really anyone as far as that goes..

Why Just This eMail? 

It Makes No Rational Sense.


I mean surely some eMail or correspondence over the last few years would factor in to a "Savvy Investigator" File..  So why this eMail - MAKES no Sense, I Believe it was a Staged Event Period.

******
What if Judge Dunn, the DOJ Trustee, Obsidian, and the Summit 1031 Principles are really "in bed with" each other on so much more then can even be imagined?

******

Other Reasons that Make Sense that the Summit 1031Principles
MAY very well, indeed be "in Bed with" Obsidian Finance.

Kevin Padrick was Original Going to Work for Summit 1031 Original and things Oddly Changed, what if Summit Paid them off and Obsidian Finance Group switched sides on purpose to create more money for all the "Bad Guys" from that position.. ??

What if the Summit 1031 Principles made sure that Bankruptcy Whistleblower Stephanie DeYoung got that video of that meeting to ensure that their version of the story was told..???

And what if Kevin Padrick fought that Video with a fiery to make it look like he was really against it all.. yet it was staged for us to expose .. to make it look like Summit was against Obsidian.. I mean listen to the pre-video - that could easily have been staged.. AND we know that Tim Larkin told Stephanie DeYoung how the video should be and "the point is to get the sound"

Yet She was the ONLY One that Got Criminal Charges for that Video, Why?

Kevin Padrick cannot afford to make it seem like he wanted the video out to make it look like he and summit were on opposite sides, so maybe he pressed those charges to get attention to the story .. that he Just did not Approve of those Videos.. and the Bend DA went Right Along with it???   What If it Happened that way.. ?? ....

What Changed Mark Neuman after March 4th 2010?

Why Did Mark Neuman NOT send me a link to the breaking news on the Summit Settlement on March 4th, and well Neither Did Bankruptcy Whistleblower Stephanie DeYoung as far as that goes.  After all this time Mark Neuman Summit Principle sending me links, thoughts, information sometimes even quite demanding as to what I post and when..SO why not That.. ??? I mean you can see in eMails to me that the "Settlement" was what they all wanted so bad and for so long.. so why NOT send me that Big New.. ??

Unless there was so much more to it and he did not want
Mad Dog Blogger Crystal L. Cox all Up in His Business...

Why Else would Mark Neuman be so Brave,
so Comfortable with his situation after 15 months,
and after the 16.5 Million Settlement on March 4th 2010. 

I believe Mark Neuman was comfortable and went back to his Old Asshole Self because he felt and was reassured by someone that he was in the clear.   And he was ready to take back the reigns of his life, take charge of His Women Folk and get back to the business of the Life of Mark Neuman, Mega-Millionaire ....

You can tell from eMails that Mark sent me that he thought of me as friend, What Changed

You can see that he was like.. Yeah Crystal, and even fed me stuff, and then after the Settlement it was Screw you Crystal.. and then he went to deal with STOPPING the Friendship I had built with his Bankruptcy Whistleblower daughter Stephanie DeYoung, Why?

Makes no sense really, I had never even met her.. and was certainly not brainwashing her.  He fed me information on the family and all the relatives and then convinced her mom that I knew to much about everybody.. yet he was the one who told me.. you can see in eMails..

The Other 3 Summit Principles - Lane Lyons, Tim Larkin, and Brian Stevens... Well ..  During 15 months and though it was Obvious that I was Fully Capable of getting their Story out, well the Other 3 Principles of the Summit 1031 Bankruptcy never emailed me their story, did not email me links - did not draw my attention to anything.. Why?  I mean it was obvious I was no part of this and just telling the story so why not send me ANYTHING?  Why not Get Heard?

Other Reasons that May Factor in..

Why Did the Bend DA, Kevin Padrick only charge Bankruptcy Whistleblower Stephanie DeYoung with that video When those Attorneys are Smarter then that, they knew that ALL in the Room Knew, including another Attorney - Terry Vance.

Maybe the Bend DA and Kevin Padrick Staged that?

I mean Summit had been rumored to be in bed with local officials on many developments, so why would the Bend DA do this Criminal Charges game with Bankruptcy Whistleblower Stephanie DeYoung... Really and

Why only Her ????

Why after 15 MONTHS and NOT Before the 16.5 Million Dollar Settlement HAD the FBI failed to Interview who seemed to be the book keeper, accountant, a manager of many LLC's - an Insider - a Daughter of one of the Principles, and well a Very Important Interview?

Also other Investors who are pressured to turn over millions have called me and told me that they too have not YET been interviewed by the FBI.. so how in the World is it that Mark Neuman feels he is so In the Clear that he has not only turned on me, but is making active steps to contain information daily to Protect his Ass.. on all this. the biggest one being shutting up his own daughter - Bankruptcy Whistleblower Stephanie DeYoung - and using her Husband, Bret DeYoung to help him do it...

Is the FBI agent in on it? 

Did the FBI Tell Stephanie she was Guilty of Money Laundeering to Scare her.. yet did not say this to other Principles to Scare them ??? WHY?

Is there an FBI payoff somewhere?  Who Knows.. The Scandal is certainly widening daily and NOTHING would surprise me NOW...

Some Ideas and Thoughts..

Summit has connections in Colorado, there is so much around the Obsidian Finance Group - Obsidian Renewables deal that does not add up..

How did this jump up into the middle of all this..  ???

Maybe Summit 1031 has Stocks in PV Powered or that Colorado Energy Company that Bought it..

Maybe Summit 1031 gets some profit or something from Obsidian Renewables.

What Real Connections do the Summit Principles have to PV Powered or the Energy Company that Bought it?  I believe there is a lot more to that story..

*****
So What if the Creditors Never Did have ANY independent Representation, Support or Advocate and only Big Money in bed with Big Money to Keep them Down and to Play High Finance Games with Each Other... and Benefitting Each Other..  ???

*******

It is a VERY High Possibility that One or ALL of the Summit 1031 Principles, Umpqua Executives, Judge Randall Dunn, Steven Hedberg, Obsidian Finance Group are all "in bed together".

They all knew that Bankruptcy Whistleblower Stephanie DeYoung did not know all this stuff and so they kept messing with her to create an illusion, and to play me into it to getting the Summit Illusion heard from the Rooftops.  

I mean Bankruptcy Whistleblower Stephanie DeYoung is low man on the totem pole in this one, so why was she taking ALL the heat and pressure, criminal charges, the only one to be videod in deposition and more constant harassment.. why just her?

I NEVER did hear from other Summit Principles,
Lane Lyons, Tim Larkin, and Briand Stevens..  Why?


Why Did Summit 1031 Principle Mark Neuman
Get So Brave after 15 Months of Kissing My Ass?

So Much Does not Add Up that It makes My Head Spin...

More Inside Information on the Summit 1031 Bankrupcty at

www.SummitAccommodators.com


www.Summit1031Sucks.com 

www.LaneLyons.com

www.CEORayDavis.com 


posted by
Crystal L. Cox
Investigative Blogger

Got a Tip?
Crystal@CrystalCox.com

Friday, April 2, 2010

Umpqua Bank CEO - Ray Davis

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