John Wuo investigated for Political Reform Act violations
For those unfamiliar with it, California’s Political Reform Act
- requires reports of receipts and expenditures in campaigns for state and local offices and ballot measures.
- limits expenditures for statewide candidates and measures.
- prohibits public officials from participating in governmental decisions affecting their “financial interests” and requires certain public officials to disclose certain assets and income.
- requires lobbyists to register and file reports showing receipts and expenditures in lobbying activities.
Point three, emphasized in bold above, is sure to be keeping a certain Arcadia City Councilman up at night…
Following repeated denials by John Wuo that he had nothing to do with the USFIA GemCoin Ponzi scheme, news today that he is the subject of a Fair Political Practices Commission investigation.
The FPPC confirmed the news earlier today, with the investigation exploring whether or not Wuo violated the Political Reform Act.
FPPC Spokesman Jay Wierenga said there is an “open and active” investigation that began after the enforcement division received a formal complaint of an alleged violation.
The specific details of the complaint, including who filed it, have yet to be made public.
Wierenga declined to comment further on the investigation, but did say the division only opens an investigation if a complaint is “deemed to have merit” or there is sufficient evidence to prove a violation may have occurred.
Arcadia resident David Arvizu
who filed a complaint with the FPPC, said he believed Wuo had been unethical in his endorsement of Gemcoin, a cryptocurrency marketed by USFIA, an Arcadia company whose corporate offices were raided by federal authorities last week.
It could not be confirmed on Monday if Arvizu’s complaint was what spawned the FPPC investigation.
Arvizu said he believes Wuo used his office for personal gain and that he may have been receiving money, personal favors, or something else in return for his endorsement of the company.
“It just seemed like that would be above and beyond what you would do unless you had some personal gain you may be achieving,” he said.
Despite maintaining he had nothing to do with USFIA or the GemCoin Ponzi scheme, USFIA investors told US regulators they saw Wuo at USFIA’s offices for weeks at a time.
Spruiking the $32 million dollar Ponzi scheme, Wuo is also purported to have told a USFIA investor that founder Steve Chen
was a prominent business and that USFIA was involved in various business ventures.
At least one USFIA investor was enticed to make an investment with USFIA on the promise of an EB-5 visa, through Steve Chen’s aHome USA real-estate company.
Wuo has publicly acknowledged he worked as a “real-estate consultant” for Chen for two years. The nature of this consulting, nor how Wuo was paid for it was not disclosed.
Pasadena Star-News sought comment from Wuo on the FPPC investigation, but
Wuo could not be reached for comment on Monday.
An Arcadia City Council meeting is scheduled for 7pm Tuesday on October 6th. Whether or not Wuo makes an appearance remains to be seen.
david arvizu and john crawford [SMTattler] should watch their backs a bit.
god knows what vengeful steve chen goons could be thinking.
a gemcoin investor told the FBI that around may 2015, he started receiving anonymous threatening calls.
it was in may 2015, that ning pan was found shot dead on sho tay’s la puente firing range.
sho tay removed a post about la puente from his FB page recently. the official FB page of la puente firing range is also missing.
i may be getting paranoid and hyperventilating, but i cannot help but advice caution.
an article on sierra madre tattler has a copy of john wuo’s form 700 which was filed with the FPPC in 2014.
there is no mention of 24hr HD surveillance [a steve chen/john wuo company] on this form.
further, the form says that john wuo’s First Avenue Education Inc was ‘disposed’ on 31st, january, 2014.
however, First Avenue made a contribution of 3000$ to california treasurer john chiang’s campaign on 28th march,2014. so,the new owner of first avenue, made campaign contributions to john chiang on the same date as steve chen, solomon yang and john wuo.
also, First Avenue Education shows no income or expenses right from 2008 to 2013. even a tax filing for 2014 shows no income.
so, where did the 3000$ campaign donation come from?
3000$ is not an earth shattering amount, but the FPPC should question john wuo about how first avenue education was ‘disposed’.
I don’t think it was First Ave. which was shuttered. Golden Apple Group was the entity which was closed.
As far as the donations, it’s quite normal for a non-profit to dole out political donations. Income money will go into “perks” for the employee’s or ownership, thus helping the people who own/run the non-profit maintain their status as such.
An example would be the ‘President’ being provided with a cell phone and vehicle through the school for personal and professional use.
The receipt of such compensation should be given through the FPPC forms. Most FPPC actions only involve a letter of repremand and carry little weight. Even when fines are issued they are not usually very much.
I can’t find it at the moment, but I believe Sho Tay received one for this cluster..
according to john wuo’s form 700, first avenue education was ‘disposed’ in jan, 2014 and golden apple group was ‘disposed’ in dec 2014. what does ‘disposed’ mean ?
i understand that businesses/citizens/non profit organisations can make political donations. my question is that if first avenue had no income at all, then where did it pay the donation from?
lets hope that the FBI makes up for the toothless tiger that the FPPC is. the fact that the FBI visited wuo’s residence at the same time that they raided USFIA, is telling.
further, politicians are slimy animals, maybe it will be difficult to nail wuo to USFIA/steve chen. lets hope the damage to his reputation will be enough to throw him out of arcadia politics, at least.
IIRC, Sho Tay’s little (bleep) was that during election, he had his volunteers going door to door handing out little booklets of US Postage stamps (worth about $3 or so) along with his flyers and whatnot.
The committee eventually cleared him of trying to bribe voters as the amount was so small but warned him never do anything like that EVER again.
Didn’t Sho Tay have people going door to door offering to take the residents’ mail-in ballots and mail them in?
Grab your popcorn folks, live in a few minutes – spectrumstream.com/streaming/arcadia/live.cfm
John Wuo is absent!
Looks like another full-house too, seats packed right up to the podium.
i missed it! john wuo resigned or what ?
John Wuo is out, resignation handed into Kovac.
Oh wow, the Arcadia Highlands lawsuit has been settled too!
this means the FBI found something on wuo!
You guys see this yet?
Seen it but not going to cover it. The SEC or Receiver are going to cockblock it at some point (same thing happened in TelexFree).
you bet. i think the public scrutiny that the city council has received due to the gemcoin scandal, has encouraged them to resolve the law suit too. the council was coming across as something of a villain on the internet.
also sho tay and chandler, who voted with john wuo, must be in a hurry to change the public’s perception of them as the ‘bad guys’.
all in all, well done arcadia!
How does restricting your own deed help with lowering property values due to neighboring properties dwarfing it?
Lol “information night”. That explains the developer turnout I guess.