2015 11 26 arcadia web

Page 1

ARCADIA NEWS:

BUSINESS:

Foothill Unity annual Thanksgiving distribution Pg. 18

SPORTS:

Small Business Saturday Celebrated Locally

Monrovia Ends Season With Loss

Pg. 19

Pg. 30

COMPLIMENTARY COPY VOLUME 19, NO. 48

arcadiaweekly.com

Your Voice, Your Community Since 1996

Thursday, November 26, 2015 - December 2, 2015

City Manager Michael Beck to Leave Pasadena BY TERRY MILLER

Michael Beck will be taking on a new role at UCLA next year. Beck played a key role in the Rose Bowl’s massive $180 Million renovation project which is, of course, home to UCLA. - Photo by Terry Miller

City Manager Michael Beck will leave Pasadena February to take an administrative position at UCLA. Beck first joined the City in 2008. His last day will be Feb. 14, 2016. In March, Beck will become UCLA’s Administrative Vice Chancellor. However, during Michael Beck’s tenure, recently fraught with scandal, calls for his resignation and a significantly critical independent report, albeit heavily redacted, on the police shooting of Kendrec McDade make one suppose that these may have been contributing factors in his decision to take the position at UCLA. During the month of January 2015, public displeasure with Michael Beck was at a high point. The postembezzlement publicity was enormous and the pressure was on. “What I’m seeing is the same actors, recycling themselves throughout the different communities, going from community to community to community, spreading this very negative culture which is not servicing the public,” activist Jason Hunter said. “And Mr. Beck is one of those.” Some local observers note that then Council Member Terry Tornek’s persistent questions on an unrelated issue led to the discovery of the missing money ($6.4 million). Tornek, who has since become mayor himself, called the time frame for the missing money “astounding.” “There’s no question that this was an absolute failSEE PG. 3

Realtor Association Polls Membership on Proposed Initiative BY JOE TAGLIERI

The Arcadia Association of Realtors recently concluded a survey gauging members' opinions on a proposed voter initiative that aims to more stringently limit the size of newly constructed or remodeled homes compared with current regulations. "It was a temperature check on how our members feel about the proposed ballot initiative," said Andrew Cooper, the association's CEO. Cooper wouldn't reveal the survey content or quantify whether the results favored support or opposition for the measure, but he said

get your tickets today!

CP-BEACON_10.25x1.5_2015_sleigh_ride_front_page_bottom_strip_4c_1.indd 1

SEE PG. 17

Investigator of Alleged Gemcoin Fraud Issues 1st Report BY JOE TAGLIERI

The court-appointed receiver for all financial assets associated with the founder of Gemcoin, an allegedly fraudulent cryptocurrency, issued the first public update of his increasingly extensive investigation. The report, filed Nov. 13 with the federal court in Los Angeles that is overseeing the case, highlights a number of areas of suspected financial malfeasance by Steve Chen and his business entities. In late-September authorities froze Chen's assets and appointed receiver Thom-

SLEIGH RIDE! calphil.com | 626.304.0333

"by design it was a very short survey" that "had opinions on both sides." He further described the online realtor poll as "a very, very general survey asking questions about 'here's the proposed ballot initiative, how do you feel?' In other words 'what side of the fence are you on?'" The online survey contained a copy of the proposed ballot initiative obtained from the City Clerk's office. "We put that in there and we asked our folks to read it ... and then we followed it up

as Seaman to investigate the Gemcoin operation and a number of other Chen-affiliated companies. Authorities raided Chen's office and began the lengthy task of confiscating computers and documents from USFIA Inc. and many other corporate entities headquartered at 135 E. Live Oak Ave. The receiver has identified more than 40 companies and numerous bank accounts tied to Chen. So far Seaman has com-

SEE PG. 16

Christmas Spectacular Saturday, Dec 12 at 7:30pm Pasadena Civic Auditorium

With Cyrus “Glitch” Spencer from So You Think You Can Dance* plus Mary Bridget Davies, Cedric Berry & Cal Phil Chorale *in assocation with Lythgoe Family Productions

Order now! 800.745.3000 | ticketmaster.com 11/16/15 7:44 PM


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.