SANTA ANA, Calif. — The SEC claims in a federal complaint that Kentucky Tennessee 50 Wells 400 BBLPD Block Limited Partnership and others ran a $2.4 million Ponzi scam through a boiler room.
Also named as defendants are Kentucky Tennessee 50 Wells 400 BBLPD Block LP, a Wyoming LLC; its founder, Carol J. Wayland aka Jodi Wayland, 80; her son and co-founder, John C. Mueller aka John Clark aka Bob Allison, 53, both of Newport Beach; HP Operations LLC and C.A.R. Leasing LLC, both purportedly Wyoming LLCs, based in Newport Beach; Mitchell B. Dow aka Dave Baker, 54, of Long Beach, a salesman who pleaded guilty to two federal counts of felony wire fraud in a telemarketing scheme in 1999; Barry Liss, 59, of Orange, a salesman; and Steve G. Blasko aka Steve Gerald, 47, of Costa Mesa, a salesman.
Subscribe to Closing Arguments
Sign up for new weekly newsletter Closing Arguments to get the latest about ongoing trials, major litigation and hot cases and rulings in courthouses around the U.S. and the world.
