THE SCAMS INC GROUP INVESTIGATIONS takes very seriously all of its investigations into potential criminal activities, fraud, tax evasion, racketeering, money laundering, etc. We only dollow Facts and only Facts. We have no personal anumus against any Target of a Investigation and we go where the evidence and Proofs take us. Our Organization comprises of highly trained persons, some formerly with Government Agencies in USA and other Countries, and know how to assemble the "Puzzle"in order to develop a criminal case or prove tax crimes, evasion and other frauds.
That said THE SILVERROCK PROJECT (SR) in La Quinta CA (LQ)came to our attention about a year ago when we were told that the Desert Sun Paper published a Article stating that the supposed developer of SR (Robert Green), had secured financing of over $450Million from COLONY CAPITAL CORP, a Public Company traded on the NYSE. Since we know that Company, they were called to inquire as to tee Colony involvements. The result wa that Colony and its Attorneys confirmed by letter that Colony never heard of Silverrock Development or Robert Green.
We transmitted the Letter by email to LQ Mayor Linda Evans, to sherry Barkas and Greg Burton of the Desert Sun and t Rutan Tucker and William H. Ihrke Esq, City of LQ lawyer. We received no response from anyone. We demanded that the desert Sun print a "Correction" and again our requests were ignored. We found this very corious and began a full investigation into what at first blush appeared to be yet another of the acts of City Officials and others negligence, fraud, RICO, and conspiracy to loot City Treasuries by racketeering.
What we uncovered has been Published in a number of Exposes regarding this money-launderig scam so we will not rehash it here again. it is sufficient t say that the Silverrock project is a fraudulent scheme that any Forensic CPA can determine that any such Project as proposed bty Green, Evans, La Quita can surviv e the "SMELL-TEST".
A analysis of P & L will determine that to service a debt of over $450Million, construction costs and operational expenses a hotel Condo Complex has no chance of survival. This is not a Casino, it is a Hotel and some condos and a Meeting Center. The whole exercise is a joke, structured by croks and incompetents who have no idea what they are doing except wasting City Trust Funds, by lies, fraud and deceptive conduct. We have facts and analysis that confirm that the City of La QQuinta and its Citizens have been cheated, conned, defrauded and victims of Breach of Fiduciary duties by its Officials acting in concert with a Carpet-Bagger Green Cos, who ahe so desperate that they now have implicated Montage and it Pandry, who have ZERO plans for this project, now r ever. The Ground breaking was a Sham to allow Green more tine to try and convert a 'SOWS-EAR INTO A SILK PURSE". I will never happen.
The negligence of the City is so perevasive it disgusts us but we will outline here the verified criminal acts, tax evasion, looting, breach of fiduciary duties, gross and wanton negligence engaged in by the Mayor on down. There persons all must be held PERSONALLY ACCOUNTABLE for all money squandered as a result of the fraud, racketeering and incompetence.
HERE ARE THE FACTS AND THE RESULT:
1) Former LQ Adolph instigates and causes LQ to buy the SR Land for about $50Million. He claims for a Golf Course.We have not been provided under FOIA any Appraisals of this Land at the time LQ forked over a Kings Ransom in Public Funds for a non-revenue generating "Investment" for a small City. This alone is a Breach of Fiduciary Duty. Where are the Appraisals and other documents outling Intent by a City Council swho are Fiduciaries? There are none to be found.Adolph still lives in LQ and seems clueliss as to his and thae city Councils incompetence by the squandering of LQ's Coffers.
A forensic Examination of this alone is mandated and will reveal Breach of Fiduciary Duty.
2) Enter Evans, a Hospital worker and way out of her league, with aspirations of bigger things.
Evans has no idea what she is doing and her Mo is transparent. But she did 'inherit" a "WHITE ELEPHANT" SILVERROCK. SO EVANS FORMS A UNHOLY ALLIANCE WITH GREEN AND HIS COMPANY AND FRANK SPAVICHECK. Rather than "Come-Clean" with the Facts, thede idiots in coincert wit Rutan Lawyers and Ihrke ESq, chose to defraud the public with Good-Fairy Dreams of METROPOLIS in the LQ Desert called SILVERROCK. Again, no proforma anaysis as to the feasibilities f this ponzi scheme, how it will be financed and paid back, nothing but "jawboning, fraud, lies and phony records". This Green saga has been ongoing now for about 4 years of fraud, deception racketeering, lacl of funding and blind promises.
3) Green has not submitted one careful Analysis as tyo the Pro-Forma Profit and Loss Starement of such a project and the LQ City Council and Evans, incest with the RICO fails to demand evidence of the Financing and the feasibilities of such a grand undertaking. Next thing the Citizens of LQ will learn is that ROBER GREEN has purchaced the GOLDEN GATE BRIDGE for LQ. Thie whole scheme is so absurd that a 5 year old could figure it out. Meanwhile the City is the Vicitm and its Citizens are kept in the Dark by a Corrupt Desert Sun Paper.
4) We have assembled evidence of fraud by City Officials, RICO, Breach of Fiduciary Duties, negligence, conspiracy to defraud Taxpayers in concert with Green; who has been caught defrauding the City and Residents by claiming that Colony capital was Financing $450Million of a Project that Colony never heard of. That alone is a frew Federal Felonies under Title 18 of the USC, amd Mail Fraud and Wire Fraud.
5) Making matters worse for City Officials and breach of fiduciary duties is the Transfer-Sale to Green & Co for $100.00 the "SR Land" and Course, that cost Taxpayers over $60Million (Land plus Course cost). This has been done in or about 2014 by the City Council, Mayor Evans, Lawyers Rutan Tucker and others without a shred of evidence that Green has secured Financing, without Green producing his and his Companies Financial Statements, Preoforma Plans, CPA Forcasts as to Profit Potential ZERO. Either Mr Robert green is a good Hypotnist or a con artist of the first order who has lured City officials into this Ponzi scam while defrauding the Taxpayers. When Evans learned that Colony was not involved in this Scam, the City Council and Evans did nothing to Remove Green and recapture its #60Million in Land. Rather the City Council went along with Green to further defraud by bringing in Montage as a Front, conduct a bogus "ground-Breaking in April 2017.
6) By Oct 2017, NOTHING HAS BEEN DONE . Montage has admitted that Silverrock is not even on their "Radar" and they have two potential projects in Mexico where Montage is trying to raise money. So Green has DONE IT AGAIN. Lied, Cheated, and the City Council Mayor Evans and Frank Spavicheck, have turned a "BLIND-EYE" to this Fraudulent scheme and the City and its Citizens are the Victims of this massive exhibition of Incompetence, Fraud and self Dealing to name some of the charges to be lodged against the Mayor, City Council, Rutan and others. BUT THERE IS MORE.
7) We as Forensic Investigators and Tax Investigators as to evasion, fraud, Money Laundering, Racketeering, etc. have engaged in extensive Research and meetings with IRS Agents and Officials as to this supposed Sale-Transfer of over $60Million in Property at the Cost of LQ City to Green & Company for $100.00. Papering smething to say so, is not binding on the DOJ, IRS, and Other Agencies.
8) We have seen the "Hocus-pocus" Rutan-Mr Ihrke Esq Analysis of the supposed non existant Tax consequences of this "FRAUDULENT CONVEYENCE'". They are profering Fraud to Citizens as here are the Facts. In or about 2014 the City Transferred to Green $60Million in Cost of Property to Green for $100.00. Green accepted this Property without a shred of ability to Finance the supposed Project. Green had ad has no money, had no Financing in place, failed to submit Actual Plans, Proforma Financial Statements and no proof that Green had any ability at all to construct a "DOG0HOUSE", yer City of LQ, its Mayoy Evans, and Coty Councll all like a "BLIND-MANS CANE", went over the cliff relying on a MIRAGE. a con a Ponzi Scam.
9) From 2014 to Oct 2017, Green has only lied, cheated, defrauded, conspired with Evans Spavacheck and engaged in Bribery according to others involved. The IRS after seeing this Scam with a careful presentation will be taking the position asfollows, generally, as well as probable Referral for the CID Review and DOJ Proisecutions.
10) Green,is the BENEFICIAL OWNER of this Property with a imputable value of $60Million Cost. Since Green and his Company paid only $100.00 there will be a Tax Consequence to Green for the difference between his $100.00 and the Appraised Value of the Property at present, a significant tax consequence, plus interest and penalties. There will be no condoning of trying to unscramble the conveyence as far to much time has elapsed from the Transfer to Present. If the Sale and Recission were all done in the same year Possibly the IRS would look at it in a different manner but here 3 years proves that Green was unsustly enriched and is the Beneficial Owner and a Tax Consequence on the value of the Property vs the purchce price to Green of $100.00 will be demanded. You can ot sell a Picasso Painting for $100.00 that has a value of a Million without imputable tax consequences.
11) So Green will be unable to pay the IRS and they will Lien the Property and eventually sell it at a Government IRS Auction, The City will be screwed, the Citizens Screwed and all may well be looking a tax fraud, RICO and criminal Prosecutions. You can not con the IRS when they are Forewarned by Forensic Investigators with evidence and who they know are 100% credible.
12) We have so informed the IRS of this entire scam. We have informed the DOJ as well. We have many projects we are involved but the City of LQ Citizens can do something NOW. That is to File a Derivative Action in Federal Court outside the California Courts, seekjing "claw-backs" from all involved, including Green Mirage and negligent City Officials who have Breached their Fiduciary Duties by allowing this massive loss to blossom. The should as part of vthe Litigation retain highly competent Forensic Accountants to prove what we already know of fraud, self dealing, and racketeering. Either way, Tie IRS will soon have the Whistelblower Presentation and have the full Disclosures from the Scams inc Group Investigations.
This entire matter is a horrible situation for La Quinta and its Citizens who are impacted by a raise in Sales Tax due to the cover-up of this Grand Larceny. We are not the DOJ and can only submit credible evidence of Crimes. The IRS is a different matter as it involves Evasion of Millions that is clear as Crystal and they agree that the Green matter is a clear scam and a intentional abusze of the tax code by racketeering.