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Darius, Kirk Anderson & New Mex Supremes

A kiss from el heffe' Cubano, Darius Anderson
A kiss from el heffe' Cubano, Darius Anderson
Darius Anderson, Kirk Anderson and their company Gold Bridge Capital are still defendants in a case now before the New Mexico Supreme Court. 
In a very similar case brought by the State of New York Attorney General and now Governor Andrew Cuomo, he fined Anderson $500,000 to end the prosecution.


In this new report about the current case...


"Efforts to recover taxpayer money in the pay-to-play investment scandal involving more than $1 billion in state investments during the Richardson administration continue to lurch along with no end in sight. ..."


http://www.abqjournal.com/365361/news/new-mexico-investment-scandal-cases-grind-on.html


The implications from the time it is taking to settle out the facts and ramifications from this case are notable in that it will be national news whatever the outcome is.


The prior success in this case by defense counsel in lower courts, who argued among other things that the unfairness of New Mexico's FATA law retroactivity, appears to have been set on it's ear in last November's New Mexico Supreme Court Certiorari Hearing on this case which is officially titled Austin v Foy/State of New Mexico.


There was no scent of lenience in the chamber when a New Mexico Supreme Court Justice chided defense counsel in open Court during last November's proceeding by saying...


"...Justice Richard Bosson responded later in the hearing by saying, “This statute was passed with a specific set of defendants in mind – your clients.”


http://www.abqjournal.com/301248/news/supreme-court-reviews-lawsuits-on-paytoplay.html



Further, the 3 officials from Aldus Equity Partners, also a defendant in this case who extricated themselves by agreeing to hundreds of thousands of dollars in fines and as well a company fined by the State of New York in a similar pay-to-play case along with Darius Anderson, have agreed to help the State of New Mexico press their cases against remaining defendants.


http://news.yahoo.com/settlement-reached-nm-pay-play-144928918.html


So yes, the case grinds on because these elite suede shoe boys have the money to string it out, right?


I think this one is going to be a little harder to shake.

Anna Gomez March 28, 2014 at 04:56 PM
Do they give out awards at Federal penitentiaries?
howiewine March 28, 2014 at 04:58 PM
http://www.courthousenews.com/2010/07/02/28571.htm No explanations ever given. "State Hides 'Scandal Tainted' Info, Times Says ShareThis SACRAMENTO (CN) - The California Public Employees Retirement System refuses to release public records on its "dealings with scandal-tainted 'placement agents' and its decisions to buy or sell certain investments," the Los Angeles Times claims in a FOIA complaint in Superior Court. The Times claims some of these "agents" were involved in kickback schemes in New York. The Times asked for "records related to the California Public Employees' Retirement System's (hereafter CalPERS') dealings with scandal-tainted 'placement agents' and its decisions to buy or sell certain investments. At a time when CalPERS is under close scrutiny because of inflated payments to 'placement agents' who steered CalPERS' money to disastrous investments, CalPERS has taken the position that it will not disclose many records related to its investments. "CalPERS' position is in direct defiance of article I, section 3(b) of the California Constitution which opens records to public scrutiny," the Times says. "This petition seeks to shed light on how CalPERS invests its billions of dollars in public funds, and to what extent self-dealing by top CalPERS officials has cost the public money in an era when the average person struggles to scrape by." The Times claims that CalPERS is "withholding records that would show how it came to invest in firms which state prosecutors in New York have linked to kickback schemes. Among them is Paladin Homeland Security, which New York prosecutors labeled a 'politically connected firm' that paid kickbacks to a political operative who helped the firm secure pension business. "CalPERS is also concealing records related to Darius Anderson, a powerful Sacramento lobbyist whose firm recently paid $500,000 in fines in New York and is banned from making political contributions to pension fund officials. Documents that would expose CalPERS' dealings with Elliot Broidy, who has pled guilty to bribery in New York, are also being withheld from public scrutiny by CalPERS, the nation's largest public pension system." The Times is represented by Karl Olson of San Francisco. "
Jim Pacheco March 29, 2014 at 03:18 PM
Keep up the good work on reporting on this case. It is certainly a story that won't be covered in the local papers.
Rock Fan April 05, 2014 at 01:09 PM
Does sound like a heap of trouble . Interesting , thanks .
Ralph Hutchinson April 10, 2014 at 03:44 AM
SVB indictments came down Bijian 29 counts money laundering and wire fraud. Sonoma Bankers were said to have received indictments today as well.

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