Sunday, April 6, 2014

Banding together for the Blue

UC funds have been hijacked by an Orange County man who managed to divert hundreds of thousands from a Wells Fargo Trust left to the University of California.   The donor was a former Cal Graduate but the funds hijacker has managed to convince Wells Fargo to delay payment to UC Berkeley while sending him funds from the Trust numerous times a year.   This was subject to a controversy.  The widow of the donor has insisted that the man used false pretenses and fraud to hijack the funds and that he was never an intended beneficiary of the trust.

The funds grabber is is not happy to vacation on Cal's hijacked money.  He is now going after funds assigned to one of Berkeley's top grads by the Cal Grad's grandmother.  The battle is taking place in Central Orange County on March 21, 2014.  In court, the man has admitted that he committed fraud but claims that he is better suited to receive the money than  the Blue.  He is mad because Berkeley disapproved his application years ago and says that he is entitled to any funds his elite legal team can get a court to grant him.  Are the courts that easy prey for thieves that property and contracts don't count?

Cal grads in Southern California are mounting their own offensive.  They plan to show up in BLUE at C-14  at 1:30 March 21 to support a demand that contract law be enforced.   The location is 700 Civic Center Drive West, Santa Ana, CA 92701.


No comments:

Post a Comment