Culture, Documentation, Ethics

FRAUD: Curtiss Parker, Wakabayashi Fund

This story has no actual linked connection to the story in July 2011, The Devil Slept In My Bed, and thus a link is added by the author.

On my to do list lately has been to address Curtiss Parker, of the Wakabayashi Fund and the Parker family (see mother Patricia Zinsmeister Parker), and formerly Managing Director of Bear Sterns Co. (and prior to Bear Sterns, Mr. Parker was associated with the Boston Group, Donaldson, Lufkin & Jenrette and Lehman Brothers).

Curtiss Parker also happens to be my upstairs neighbor at good ol’ 6767 Neptune Place, La Jolla, California 92037. If you want to write him, he’s in unit #16.

The first day I met Curtiss was the day I was looking at the apartment below his. As I waited in the street to see if I could view the apartment he called out from his deck above and offered sangria with he and his pal John, and I could look at his apartment—the second floor replica of what would come to be my own.

I agreed, and asked if I could change in his restroom—I was still in my presentation clothes for the executive presentation I gave at Qualcomm earlier that day. Upstairs I accepted the sangria—quite good actually—looked quickly around the apartment to get a sense of it, and then excused myself to the restroom to change. After I came out I was a bit uneasy as his friend was no longer around. My momma taught me never to be alone with a man, let alone a stranger in his apartment. I straightened my back and sat on the couch. Somehow in the course of the absolutely bizarre conversation to follow, he leaned over (while I swear I somehow wasn’t aware?!) and kissed me full on the mouth. I recoiled, beyond grossed out. I will never forget those lifeless limp bulbous lips. Ew. Ew. Ew. Ew. Let alone that he’s got blonde highlighted hair to his shoulder in a Fabio-esque style, and an orange tan to rival George Hamilton’s (who I later am to learn is his idol). Ew.

A few weeks later as my roommate and I move in, I tell Thanasi about what happened and warned him to steer clear of him. I don’t know why, but over time Thanasi decided to befriend Curtiss. He thought that he wasn’t that bad.

Then we fast forward to July. I’ve kicked my former roommate out for being a world class do nothing all day stoner, and now have to deal with Curtiss who find my apartment to be a mere extension of his own. I would “scream him out of the house”, a drunkard who is drunk from the moment he gets up to the moment he apparently slips back under the rock from which he must have come (sorry Patricia, I’m not a fan of your son, he’s a world class creep—then again I imagine you’re not so proud of what he’s done to your family name either).

One of the instances is a lovely evening when I thought I was indeed alone in my apartment. I come out of the shower, wrapped in a towel, and go to my bedroom. As I stepped over to my dresser, I dropped my towel on the bed and there, standing in all my naked beauty, I hear him coming. He’s entered my home, and is approaching my mirrored bedroom. I start yelling at him to get out, and he (in an act?) drunkenly misunderstands.

On another occasion I was looking for a neighbor with a truck to help me pick up the mattress I purchased from Macy’s. John, Curtiss’ roommate was always a nice enough guy, and I had left a voicemail to see if he’d help me. Instead, my world-class awesome neighbor Aaron helped. But I get home to find a disgusting used mattress circa 1980 which looks like it’s been pulled from the dumpster in my spare bedroom. He had entered my home while I was not there and put a used mattress in my home. I asked for help from one of the neighborhood kids and hoisted the disgusting thing back up to his door and blocked his door with it.

My landlord, Karen of Neptune Place, has done nothing to assist. She sits as gossip queen passing on the latest of the slander I usually hear first from my neighbor informant. She believes everything. Whatever it is, obviously rejecting Curtiss wasn’t the greatest idea for my residency here. However, you’ve all noted that I’ve been being patient for quite a while. You see, I believe in people doing the right thing, and second chances.

However, after having Karen alluding to there not needing to be neighborhood drama (when I suggested perhaps I should file a restraining order against him?) I acquiesced.

Hello?! Did you not notice that you’ve evicted me Karen? Where is there any reason for me to behave now?

So please, meet Curtiss’ Parker of the Wakabayashi Fund. He owes me $10. He passed a bad check to my friend, and there is a $10 balance left.

Yup, this is all for $10, well, that and the repeated molestations.

Curtiss Parker, age 51 of La Jolla, defrauded investors out of millions in a pump-and-dump scam.

Eight Former Employees of Defunct Brokerage Firm Hampton Porter Investment Bankers are Indicted by Federal Grand Jury

Date: June, 2006

WASHINGTON, D.C. – Acting Assistant Attorney General Christopher Wray of the Criminal Division and U.S. Attorney Debra W. Yang announced that eight southern California residents were indicted yesterday by a federal grand jury in the Central District of California, in connection with a securities fraud scheme that bilked more than 100 investors nationwide of an estimated $5 million. The defendants were employed by the now-defunct San Diego brokerage firm Hampton Porter Investment Bankers from 1998 to 2000.

The following individuals were named in the indictments:

  • co-owner John Laurienti, 39, of San Diego;
  • broker Michael Losse, 38, San Diego;
  • broker David Montesano, 36, San Diego;
  • broker Troy Peters, 41, Carlsbad, Calif.;
  • broker Donald Samaria, 34, Alpine, Calif.;
  • broker Curtis Parker, 41, La Jolla, Calif.;
  • broker Bryan Laurienti, 47, Phoenix; and
  • broker Adam Gilman, 39, Malibu, Calif.

The defendants were charged with conspiracy to commit securities fraud (18 U.S.C. § 371) and 19 counts of securities fraud (15 U.S.C. §§ 78j (b) & 78ff). In addition, John Laurienti was charged with five counts of money laundering (18 U.S.C. § 1957) and Michael Losse was charged with making a false statement to FBI agents (18 U.S.C. § 1001). Two other former employers – James Green, retail manager, and Gregory Walker, co-owner – have already pleaded guilty to criminal conspiracy charges and are cooperating with the government.

Through their investment banking deals and from other sources, Hampton Porter Investment Bankers allegedly obtained and controlled a large number of shares of certain low-priced, thinly traded “penny stocks.” The brokers allegedly received special undisclosed incentive payments to push the sale of these stocks through a variety of high pressure, deceptive sales tactics. Once customers bought the stocks, raising their prices, the co-conspirators allegedly sold their shares and reaped huge profits. The indictment further alleges that the defendants prevented customers from selling their shares of the stocks by delaying or failing to execute the customers’ sell orders.

This case was investigated by the Federal Bureau of Investigation and is being prosecuted by Department of Justice Fraud Section trial attorneys Joshua Drew and Pamela Wechsler, along with Executive Assistant United States Attorney Edward R. McGah Jr. of the Central District of California.

http://www.justice.gov/opa/pr/2003/June/03_crm_370.htm

And found guilty,…

JURY CONVICTS FOUR STOCKBROKERS INVOLVED IN PUMP-AND-DUMP SCHEME OPERATED IN SAN DIEGO

Los Angeles, CA – LOS ANGELES – A federal jury here today convicted four men who were affiliated with a San Diego brokerage house on securities fraud charges related to a “pump-and-dump” scheme that cost victims more than $5 million.

The four defendants worked at a now-defunct brokerage firm, Hampton Porter Investment Bankers LLC, which sold certain stocks to clients without disclosing the company’s financial interests in the stocks.

The four found guilty today are:

– Bryan Laurienti, 50, of Peoria, Arizona;
– David Montesano, 39, of Winchester, California;
– Curtiss Parker, 45, of La Jolla; and
– Donald Samaria, 37, of San Diego.

All four, who worked as brokers at Hampton Porter, were found guilty of conspiracy and securities fraud. They are scheduled to be sentenced by United States District Judge Terry J. Hatter Jr. on March 12. The four defendants faces maximum sentences ranging from 10 to 20 years in federal prison.

The evidence presented to the jury showed that Hampton Porter held regular sales meetings at which Hampton Porter co-owner John Laurienti and former Hampton Porter retail manager James Green pressured brokers to sell “house stocks” – the term given to stocks in which Hampton Porter had a special financial interest. If the brokers sold the house stocks to their customers, Hampton Porter paid the brokers additional “special incentive” compensation, which was not disclosed to the customers.

Additionally, John Laurienti and Green enforced a “no net-sales” policy, under which customers were prevented from selling their shares of house stock because brokers delayed or failed to execute sell orders. Hampton Porter brokers also engaged in “cross-trading,” where shares of one client were sold to another client. The defendants also conducted unauthorized trades and used high-pressure sales tactics, as well as false statements, to induce customers to purchase the house stocks. As the price of the house stocks rose, Hampton Porter owners sold their holdings and realized significant profits.

The case was co-prosecuted by the Fraud Section of the Department of Justice and the United States Attorney’s Office. This case is the result of an investigation by the Federal Bureau of Investigation. The NASD Criminal Prosecution Assistance Group provided substantial assistance during the investigation.

http://www.justice.gov/usao/cac/pressroom/pr2006/167.html

Standard

4 thoughts on “FRAUD: Curtiss Parker, Wakabayashi Fund

  1. kim says:

    I have had the unfortunate pleasure of meeting Curtiss. Both in FL and CA. Please tell me the creep isn’t still walking the streets. Shouldn’t they have locked him up for MUCH longer?

    • The Toxic Avenger says:

      I just checked the Bureau of Prisons website and old Curtiss has been running free since April of 2010. His scum bag partner, Donald Samaria, is still residing at Lompoc and will not be set loose on the public until July of 2014.

      Where in Florida did you encounter Curtiss? I have been working to establish a connection between the criminals who worked at Hampton Porter in San Diego and Johnny A. Marciano (sadly, another free man) who had ties to a similar “pump and dump” scheme in Florida.

      Thanks.

  2. Shane says:

    I obtained a jugement against Curtiss in 2007 but he was in jail and have not been able to collect, the lady above accurately articulates how this guy deal. see my final letter to him, when i had him served, he called me on my phone in a drunken rage Threatened me.

    January 11, 2007
    Curtiss B. Parker
    6455 La Jolla Blvd Suite 115
    La Jolla, CA 92037-6626

    I have received your checks back from the bank for $839.35 and $95 Please deliver to me a cashiers check in the amount of $984.35, that is the original amount plus a $50 returned fee to my address

    Within 10 days of this notice or I will file a claim in the court system. For your information please note the following CA code,

    California Civil Code section 1719 allows the receiver of a bad check to recover three times the amount of the check, up to $1500, in civil court if sufficient notice is mailed or delivered to the person who wrote the check. The damages are in addition to collecting the value of the check and they could include court and mailing costs. A cause of action under this law may be brought in small claims court, if the claim does not exceed $5,000, or in any other court of jurisdiction depending on the amount of the transaction.

Leave a Reply