Into the chance he has made having fun with his relationships that have personal your retirement funds, it’s rarely a shock you to definitely Alfred J.R. Villalobos owns a sprawling, nine,100-square-legs domestic overlooking new amber-bluish oceans of Lake Tahoe.

Although way in which Villalobos financed design of your $2.7-mil residence was fueling brand new questions in the an investigation by the California Social Employees’ Old age system to the things regarding very-entitled placement representatives particularly Villalobos.

Files reveal that the brand new Villalobos domestic try constructed with the support from an excellent $step one.1-mil financing out of a collaboration created because of the CIM Category, a celebrity-based real estate creativity enterprise. Continue lendo The mortgage was developed so you’re able to Villalobos in regarding a good Delaware-oriented partnership named Hollylane Holdings →