Sunday, September 20, 2015

Has Anyone Here Received A Letter From Partners Trust?

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This is certainly worth looking into. A Sierra Madre resident received the following letter from a real estate confab called Partners Trust. Apparently this is an outfit that enjoys sending out vaguely worded promises of unexpected found wealth to resident homeowners who they hope will then want to sell them their house. How any of this actually pans out is unknown. I suspect they are hoping to find naive homeowners so dazzled by the possibilities of all that cash that they will sell their homes at less than true market value. Here is a letter stating their desire to buy one resident's house.


Here are the names of the individuals who this letter.


And just in case you were wondering about the origin of Partners Trust, here are a revealing few words from their website (link). And while they do have offices in many of this planet's tonier cities, the following blurb does put things into a more obvious perspective. Sierra Madre, in the eyes of Partners Trust, being a fine place where overseas investors can park some of their cash. Like it is often done in Arcadia.


Anybody surprised?

The Johnny GemCoins story goes national

The news about the corruption in Arcadia keeps getting bigger and bigger. And yesterday Fox News took the John Wuo story national for the first time. Coast to coast, baby. The original location of this article can be found here.


This story has certainly come a long ways in the last few weeks.

sierramadretattler.blogspot.com

34 comments:

  1. Even Fox News wants to copy The Tattler!

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    1. From the little acorn a mighty oak grows.

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    2. Hopefully more national news networks pick up on this story. I know KPCC did a report this week.

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    3. Hell of a compliment Sparky, Fox News...Bwahahahahahahahaha!!!!

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    4. Susan Henderson wasn't available.

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  2. So foreign nationals with deep pockets can receive concierge-like service when purchasing a home in Sierra Madre? Does that come with news about the lot size as well?

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  3. In the number of people scammed, there is no mention of the number of Chinese in Malaysia and Indonesia. Yesterday I got an Arts Institute of Chicago gift catalog (a legitimate concern) and on pages 14 and 15 there are a number of beautiful amber jewelry items--necklaces, earrings, bracelets--ranging in price from $50 to $218. Very pretty but not high end at all. Getting snookered by this nonsense was a darn shame but how can people ever think that amber is a gemstone (ancient animal exude) is beyond me.

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    1. GemCoins backed by amber mine.

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    2. This comment has been removed by a blog administrator.

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    3. I get letters from realtors like that about once a year. They are just trolling public records and fishing for business. Not really news.

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    4. It is a pattern that happens in cities that are targeted for mansionization. Wake up.

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    5. 8:44 I get these every couple of years also the difference is never before have they had multiple offices in China.

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  4. Real estate agents are all too eager to make their commissions and ruin the the City of Sierra Madre. I bet those two agents don't live in Sierra Madre and If they do they are all too eager to see Sierra Madre turn into Arcadia and all too eager to sell the town to foreign nationals.

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  5. I agree 7:04 - I'm sure our intrepid Tattlers will google where they actually live, and would bet it isn't Sierra Madre, especially with a 310 area code.

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  6. Self-correct: tree sap!

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    1. That is where the beautiful bug rocks come from.

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  7. I notice serveral awkward sentence contructions in Tracy's letter. It does not appear to have been written by a native speaker of English with any success in English composition (one of you out there who is bound to crab about lacking public education, don't, you write better--I have seen your posts!). Alway a tel on these marketing schemes.

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  8. Sun Valley cell phone number. As far as having such a cell phone and living in Sierra Madre is possible, but who cares? This is real estate predator behavior at its typical worst.

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  9. And Todd's is a Monrovia cell #

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  10. We get those letters a few times a year, and once I did find a local person behind it. Most of the time, it's from outside town.

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    Replies
    1. You'll make a lot more money if you go with someone you know. These guys want to cheat you.

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  11. don't believe what you read,

    I do not believe that the fbi, US Attorney, the SEC & the IRS are looking into this,

    the west Covina fbi office is just a small office next to the water exhibit, they told me they spend 90% of their time chasing legal immigrants

    they don't care, don't have the qualified people don't have the resources to look into this matter

    Someone is just blowing a bunch of smoke

    Crap, the feds can not even do their job and put Hillary in jail?

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    1. Personally, I couldn't care less if all the Chinese lost all their money. I don't think our govt should be spending it's resources on helping these people. Let them go crying to their communist govt.

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    2. Give it a rest 11:22! I'm sure you wanted Planned Parenthood to be defunded, and are waiting for the rapture now that gays can get married!

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  12. I get those letters all the time too, however, I think that this Todd fellow actually does live in Sierra Madre. Maybe we are all getting a little paranoid. Most realtors are just trolling for listings. Todd and his wife seem to be listed as living on SM Blvd.

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    1. One man's paranoia is another man's skepticism.

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    2. Definitely paranoia. And pandering to it increases circulation.

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    3. You sound paranoid.

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    4. How do you know it really was 12:27?

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  13. In addition to the multiple robo calls I get every day from contractors, energy companies, etc. I also get at least two calls a day in Chinese. Who knows what they are selling or buying. BTY, l have a 355 number.

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  14. When the word 'Trust' is used in any document or press release the readers should be prepared for the worst or at least a monetary theft is about to take place.

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  15. I have sent such a letter myself. Why? I wanted to buy a house in a specific area in Sierra madre. Most good listings last all of 5 seconds and if you do catch it, you are competing with a slew of people with a lot more cash than you. Sure most of the letters are people trying to pick up a flip, but city hall will scare most of those away, because projects here are layered with more nonsense than than you can imagine. Most of you will call that great, but when you are just a working Man trying to remodel your house, the aggregation, time and cost of all the ill-conceived regulations makes you want to pull your hair out and give up. So who's left? Developers with money to deal with the nonsense. Thanks for that.

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