The Napa Valley LendVest Fraud Scandal
In 1988, a major San Francisco drug bust led investigators to discover a massive financial fraud scheme in the Napa Valley. Hundreds of residents, many of them elderly, had entrusted their life savings to a respected businessman. Their trust was shattered when it was revealed that he had defrauded them. In the small city of Napa, the devastation spread like ripples in a pond. It seemed that most people knew someone who was financially ruined as a result. Join author and retired Napa Superior Court judge Raymond A. Guadagni as he tells the story of the investigation into the discovery of the fraud, the subsequent court trials, and the lingering effects on the citizens of Napa.
Published by The History Press
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