Everett Daily Herald, August 25, 2015

Page 1

‘Queen’ day for women who overcome

A3

The Dow drops 588 points as Wall Street woes continued Monday A7

TUESDAY, 08.25.2015

EVERETT, WASHINGTON

WWW.HERALDNET.COM

75¢ (HIGHER IN OUTLYING AREAS)

SEC: Developer bilked investors Feds allege Lobsang Dargey, CEO of Bellevuebased Path America, fraudulantly bankrolled a big development in Everett.

farmer’s market in downtown Everett is under i nve s t igat i o n by the federal government for allegedly bilking overseas investors out Lobsang of millions of Dargey dollars. Lobsang Dargey, the CEO of Path America and the builder of

By Chris Winters Herald Writer

EVERETT — The developer of a hotel, apartment complex and

the Potala Place development, is being sued in federal court by the U.S. Securities and Exchange Commission. The civil complaint, filed Monday in U.S. District Court in Seattle, says Dargey fraudulently raised more than $125 million through sales of securities to at least 250 investors. In particular, funds raised for downtown Everett’s Potala Place building and the 40-story Potala

Tower skyscraper in downtown Seattle allegedly were misappropriated, sometimes redirected to other projects. The government also contends money was diverted to buy a luxury home in Bellevue and make cash withdrawals, including at several casinos. Potala Place, which occupies half a block at Grand Avenue and Wall Street in Everett, has not opened. It is a 220-unit

‘Sentimental Journey’ for 92-year-old kid

apartment building with 60,000 square feet of retail space, including the Potala Farms boutique grocery-cum-farmer’s market. Potala Tower has broken ground, but a web camera feed on the project’s Web page just shows a hole in the ground with some construction equipment. A message left for Lobsang Dargey was not immediately See SEC, Page A2

Record wildfires continue to rage Associated Press SPOKANE — As Washington state’s wildfires burned into the record books Monday, calls for help were answered from far and near. Fire managers from New Zealand and Australia arrived to contribute to a ground campaign led by firefighters from across the West and augmented by U.S. soldiers. The flames that claimed the lives of three firefighters, injured four others and burned 200 homes also How to inspired an help those outpouring affected by of volunteers wildfires, A10 who have been

>>

Herald Writer

EVERETT — The Boeing B-17 Flying Fortress’ four engines rumbled as it rolled down the taxiway at Paine Field. The 71-year-old bomber turned onto the airport’s main

Your trusted source for local deals brings you...

runway. The pilots opened up the throttles. The engines’ rumble rose to a roar. The B-17 “Sentimental Journey” sped down the runway and jumped into the air. A moment later, 92-year-old Art Unruh was standing by the .50 caliber machine gun on

o Up T

50% OFF

ucts, Prod ment ocal in On L, Enterta es! Food nd Servic a

Go to HeraldNetDailyDeal.com to see today’s deal.

the buzz

By Dan Catchpole

VOL. 115, NO. 194 © 2015 THE DAILY HERALD CO.

INSIDE

Business . . . . . A7 Classified . . . . B4

Comics . . . . . . B2 Crossword . . . B2

the right side of the plane just behind the wing — the right waist gun. That’s where he flew 35 combat sorties in Europe during World War II. Fifteen of those were so long that they counted as two missions, meaning Unruh was credited with flying 50 combat missions from

Kids these days Do they think money doesn’t grow on trees? When it comes to backto-school, teenagers are shopping more like their parents these days, recycling last year’s clothing and looking for stuff on sale, a survey says (Page A8). The funny thing is, when Dear Abby . . . B3 Good Life . . . . B1

February to July 1944 in the 15th Air Force’s 32 Bombardment Squadron. He was a 20-year-old staff sergeant at the time. “We were just a bunch of kids,” he said.

The Buzz reads the words “shopping more like their parents,” we can’t help but visualize teens wearing Dockers and mom jeans.

say Smoke Buddy is illegal. Also, the Cheetos and Hot Pockets sold along with the weed were neither fair trade nor responsibly sourced.

Dude, where’s my cart? Since it’s Portland, Oregon, this was bound to happen: a marijuana food cart called Smoke Buddy (Page A5). Alas, Oregon officials

Don’t know much about history: On this day in 1958, President Dwight D. Eisenhower signed a measure providing a pension to former

Horoscope . . . B6 Lottery . . . . . . A2

Obituaries . . . A5 Opinion . . . . . A9

See FIRES, back page, this section

See B-17, Page A2

Short Takes . . B4 Sports . . . . . . C1

presidents and their spouses (Today in History, Page B4). Ex-presidents currently get about $203,000 a year — obviously not nearly enough for the Clintons, since it would cover only about month at their Hamptons beachfront rental. — Mark Carlson, Herald staff

Seasonable 72/54, C6

DAILY

KEVIN CLARK / THE HERALD

Shelby Bolke explains the autographs on the bomb bay doors that surround Art Unruh after the flight of the visiting B-17 at the Flying Heritage Collection at Paine Field in Everett on Monday. Unruh is credited with flying more than 50 missions in a B-17 Flying Fortress during World War II.

invited for the first time in state history to help battle the blazes. This summer’s fire response across the West has been overwhelmed by destructive blazes tearing through the tinder-dry region. The biggest fire burning Monday was in Okanogan County on the Canadian border, where a group of five fires raging out of control became the largest in state history, scorching more than 400 square miles, fire spokesman Rick Isaacson said. Lightning-sparked fires broke the state record, surpassing blazes that destroyed more than 300 homes in the same county last year. “I’d like to set some different records,” Okanogan County Sheriff Frank Rogers said. The U.S. is in the midst of one of its worst fire seasons on record with some 11,600 square miles scorched so far. It’s only the

6

42963 33333

9


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.