[1], Casey obtained a business license in 1983[7] and founded Professional Investors Security Fund Inc. (PISF Inc.) based in Ignacio, California. Death of Marin Real Estate Investor Reveals Allegedly Vast Ponzi Scheme The court would determine how much of Wallachs ill-gotten gains would be repaid along with any other penalties, according to the SEC. Box, Larkspur, CA 94977 was used in 2017. A proposed judgment submitted to the court in the SEC case would bar him from serving as an officer or director for a public company in the future. To find the truth, we are and will continue to cooperate fully with the inquiry to ensure the timely completion of their work on behalf of the investors., Feds scrutinize Marin investment firms after, Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to email a link to a friend (Opens in new window), Click to share on Reddit (Opens in new window), H-1B: Feds want criminal charges over application fraud for Silicon Valleys favorite visa, Feds scrutinize Marin investment firms after death of owner, Army helicopter crashes off Florida; 11 Marines and soldiers presumed dead. How the investigation will impact the millions of dollars in investments made by nearly 1,000 investors is unclear. [5] He died on May 6, 2020 at the age of 73 of a heart attack. It seemed like too good to believe, and maybe it was, Lastreto said. What are the other possible names for Charlene Albanese? His admirers celebrated him as a Republican donor, philanthropist and adventurer who amassed an enormous portfolio of office parks and apartment buildings in Marin and Sonoma counties. She may also be known by the following alternative names: Charlene Allanese, Charlene R Albanese, Charlene R Casey, Charle Albanese, Charlene Albanese, Charlene Casey. Read More. Information on the Modal age groups of Albaneses neighbors (weve analysed 500 households nearest to the Albaneses current address), 418 Mission Ave, San Rafael, CA 94901, USA, 1345 Mar W St #5, Belvedere Tiburon, CA 94920, https://www.facebook.com/search/top/?q=Charlene+Albanese&epa=SEARCH_BOX, https://www.facebook.com/directory/people/, https://www.linkedin.com/search/results/people/?keywords=Charlene+Albanese, https://www.classmates.com/siteui/search/results?q=Charlene+Albanese&searchType=all, P.O. Casey, who founded PISF in 1983 and PFI in 1990, was previously convicted of several counts of fraud and tax evasion in the late 1990s and lost his certified public accountant license. Real estate agents in California can only work on behalf of a licensed real estate broker or real estate company. Dear Abby: Am I overreacting to my European daughter-in-law's behavior? Novato investor linked to GOP donation flap - Marin Independent Journal He will plead guilty to the criminal charges that have been filed by the Department of Justice. Kenneth J. Casey (died May 6, 2020)[1] was a Novato, California real estate investor and member of the Marin County Human Rights Commission,[2] charged in 2020 with "operating a massive Ponzi scheme" that defrauded "more than a thousand investors" while "embezzling tens of millions of dollars to personally enrich himself". Hogan and Sternberger have both stated that Albanese had no control of and had not been directing the company or its finances before Caseys death. The employer for Charlene Rae Albanese is Inc Professional Financial Investors (Real Estate Corporation). Professional Financial Investors Inc.s website is no longer operational, though the company continues to operate, according to Sternbergers letters. Lastretos former sister-in-law Donna Cales, a Roseville resident and investor in the companies since 2015, said the companies have always been professional and that her investment had been handled with care. Roseville resident Phil Lastreto first met Wallach in 2012 after investing in the companies. Make sure to check as many variants as possible. The action you just performed triggered the security solution. Novato, CA 94949 Marin County Current Address : 210 Monte Vista Ave, Larkspur, CA 94939 Marin County (Oct 1991 - Apr 2022) 15 Woodside Ct, Novato, CA 94947 Click to reveal Last month, both companies filed for bankruptcy. (adsbygoogle = window.adsbygoogle || []).push({}); [7] Like all of the other investors, I am waiting to see what can be preserved., Hogan also reported in his recent bankruptcy declaration that the companies former CEO, Lewis Wallach, may have also benefited from the manner in which Mr. Casey ran the Companies.. Charlene Albanese - Address & Phone Number | Whitepages 81.4.126.112 [2] The company website claimed over 1,500 investors,[1] and many investors were not aware of Casey's past felonies. The U.S. Attorneys Office and Federal Bureau of Investigation led a separate criminal investigation. The launch of the SEC investigation resulted in the suspension of new investment and interest payments, leaving many investors uncertain of whether they will recover their money.