O.K. It's time now to address the activities of Larry Kroeker. It's too bad Mr. Kroeker cannot come out of the shadows and face me himself. Mr. Kroeker, it turns out, has nearly $4 million in civil judgments outstanding against him brought from disgruntled investors from which he conned into "investing" with him. These transactions are unrelated to me whatsoever. A good place to start learning more about these judgments is at http://www.larrykroeker.com. One judgment is from Las Vegas, and three are from Santa Cruz, California.
Ironically, I have been left to face the responsibility of addressing accusations of impropriety from California authorities all by myself, when it is actually Mr. Kroeker himself that should be doing so. I'm not worried though, because I know what I did, and no final judgment has been made against me yet, despite what Mr. Kroker has said in his statements against me. We do live in a land where you are innocent until proven guilty, and I still have that presumption. Mr. Kroeker, on the other hand does not. The roughly $4 million in judgments are proof of this fact. He clearly is now reaping the fruit of his actions and will continue to do so. Simply put: the boomerang that he has chosen to throw by falsely accusing me is now returning to him and it indeed has very sharp edges.
Mr. Kroeker is the owner of Wholesale Housing Organizers, Mobile Repo, Inc. And Spectrum Building and Consulting. Along with his (now ex) partner, Mr. George Petroutsas, they are located in Aptos and Capitola, Santa Cruz County, California. The address of their office is 8044B Soquel Drive, Aptos, CA. 95003, and their telephone number is (831) 688-2662. Don't bother calling, because they never answer the phone, and never return calls. They work in their office with the lights out and the doors locked so no one will know they are there. They sneak in and out as if they are being chased because they really are being chased by many who seek repayment of their funds, and by home buyers who are unhappy with Mr. Kroeker's lack of honesty and integrity. I have spoken to many of these individuals personally and the trail of misery and damaged lives that Mr. Kroeker has left behind is simply staggering.
There are two web sites that have details about the Court judgments mentioned above: www.larrykroeker.com and www.wholesalehousing.Biz
Mr. Kroeker and Mr. Petroutsas borrowed nearly $1 million from one investor, Ms. Cynthia Martin for the purpose of buying and selling mobile and manufactured homes as investments on Ms. Martin's behalf. After refusing to repay Ms. Martin, and after refusing to give an accounting to her, she brought suit in Clark County District Court in Las Vegas in 2007 to attempt to recover her funds.in she obtained a judgment against Larry Kroeker, George Petroutsas and Wholesale Housing Organizers, Inc. For a total of nearly $4 million in damages. Ms. Martin successfully proved in Court that Mr. Kroeker and Mr. Petroutsas defrauded her and converted her funds for their personal use, among other findings. As of May, no amount of the missing funds has been repaid to Ms. Martin.
It is worth noting that during the period in question, Mr. Kroeker purchased a new home (in his wife's name) and took vacations to Hawaii and Greece.
As of this writing, (11/1/08) it is my understanding that the State of California is moving to revoke Mr. Kroeker's licenses as a Manufactured Home Dealer and a General Contractor.
There are at least three other civil cases that have been filed by other "investors" who did business with these same defendants. Each seeking similar recourse for missing or stolen funds. I have personally interviewed other individuals who have "invested" with Mr. Kroeker, and I am informed that other cases for civil (and potentially criminal) fraud may follow quickly now.
The reason that Mr. Kroeker now is lashing out at me is very simple. He is attempting to deflect his guilt and his own shortcomings on to me (or anyone else) that crosses his path. I cannot imagine why, but I guess it must make him feel better somehow to do this. He also appears to have destroyed other personal relationships with people close to him.
The judgments against him are now entering the collection phase. Subpoenas have just been issued (10/30/08) by the court against Mr. Kroeker, his wife Diane (who now claims to have never even been legally married to him) and his many business associates who are involved with the loss of the nearly $4 million. Bay Federal Credit Union has even sued Mr. Kroeker to repossess his truck because he has not made his payments. The truck itself has now mysteriously disappeared.
What is probably the most compelling episode of this entire mess is that Mr. Kroker himself is an admitted perjurer. During a hearing before the California Department of Corporations he admitted on the witness stand (under oath) to having lied under oath previously. The Judge abruptly discontinued the proceeding and removed him from the courtroom.
Come on Larry, come out of the shadows and face me! I'm ready to face you, but you seem unwilling. Even your wife has filed to change her name. How come?
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