Christopher Rosacker
crosacker@theunion.com

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October 27, 2012
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County to pay $600k per year to defend Lester et al

Anticipating to foot a more than $600,000 bill annually to defend three individuals embroiled in major real estate fraud case, Nevada County officials are seeking the aid of statewide agencies to avoid “a financial disaster,” said county Executive Officer Rick Haffey in a Friday memo. Philip Lester, CEO of Gold Country Lenders, his wife, Ellen, along with Susan Laferte, the firm’s chief financial officer, and Jonathan Blinder face charges that allege that their organization engaged in a pattern of theft and fraud-related crimes for over eight years, bilking investors of more than $2.3 million. While Blinder did not request or …

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The Union Updated Oct 29, 2012 04:09PM Published Nov 6, 2012 09:07AM Copyright 2012 The Union. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.