| Bankruptcy Grows More Bizarre With Elder Abuse Convictions, Involvement Of Rothschild Artist Sex Offender
The Barrel Stop/Dominari bankruptcy has grown more bizarre with Wine Industry Insight's discovery that the winery owners were found guilty in 2010 of elder abuse and that a registered sex offender with Rothschild and Opus aspirations is deeply involved in the already strange attempt to buy the winery out of bankruptcy.
Those new revelations top Barrel Stop's previously unusual nature in which a woman with at least two personal bankruptcies is trying to purchase the insolvent winery using a defunct corporation with an address listed at the Burlingame Hyatt Regency. (Barrel Stop Gets Offer, Buyer Background Raises Viability Doubts).
Those circumstances prompted Barrel Stop's senior secured creditor, Mechanics Bank to oppose the sale. (Bankruptcy Trustee Appointed For Barrel Stop Winery, Bank Opposes Sale).
The bankruptcy court has also appointed a trustee to manage the remaining assets, agreeing with Mechanic's Bank that the current owners, Marie and Jurgen Schutz, were not competent to accomplish that task.
$421K ELDER ABUSE JUDGEMENT OUTSTANDING AGAINST MARIE AND JURGEN SCHUTZ
A judgment against Marie and Jurgen Schutz for $421,399.34 was handed down by the Napa Superior Court on Oct. 8, 2010. The court found the Schutzes had taken at least $382,842 from the trust fund of Viola V. Debb. The judgment included additional amounts for attorney's fees, interest and court costs.
According to the complaint:
"Vi is an 86-year-old widow in frail health who requires constant in-home care. At all times mentioned herein, Defendant Marie stood in a position of trust to Vi in that: Defendant Marie performed paralegal services for Vi, including preparation of leadings and other documents to collect a loan Vi made to a third party...
"Marie held herself out to Vi as having superior knowledge of legal and financial matters. Vi believed Marie had superior knowledge of legal and financial matters and relied upon Defendant Marie's supposed expertise. Marie visited Vi often and Vi believed Defendant Marie was her trusted friend."
Beginning in mid 2001, the court records said that, Marie and Jurgen Schutz, "Engaged in a series of transactions to appropriate, obtain and retain funds from Vi for wrongful use and/or with the intent to defraud."
That, according to the court complaint, began a series of loans to the Schutzes. The court papers said that they obtained further loans from Ms. Debb's trust after falsely telling her that previous loans had been repaid.
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