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bumb family san jose net worth

Almost four months later, on July 21, 1998, George Bumb Sr. appeared in the downtown offices of Berliner Cohen to have his deposition taken. The couple even had a purchase contract for a $850,000 house on Golf Links Road. attorney Frank Ubhaus asked the Bumb patriarch. He demanded $10 million from his brothers to compensate him for violating the purported secret Bay 101 deal. Behind the scenes, the Bumbs suspected their potential gambling competitors and a disgruntled former Flea Market employee of giving investigators unsubstantiated material to use against them. attorney Frank Ubhaus asked the Bumb patriarch. On March 17, 1993, the City Council gave Bumb and his partners the green light to open a 40-table card room on a 10-acre plot of land off U.S 101. OK--we didn't get out--OK? OK--we didn't get out--OK? Other allegations were more dubious: Investigators chased after a tip that the Bumbs were skimming cash from the Flea Market parking lot, an accusation that was never proven. EIGHT MONTHS AFTER its approval by the City Council, the peach-colored Bay 101 held its "grand opening." The court saga evolved into a battle of wills between a father--a man who wouldn't even let the Vatican tell him what to do--and his oldest son, determined to break free from the old man's grasp. Along the way, Jeff raised the ante, hiring Frank Ubhaus, a lawyer who represented Garden City card club, Bay 101's crosstown rival. The district attorney's office says that Bumb attorney Ron Werner turned the letter over to authorities immediately after it came in the mail. "He worked for me." In a fit, he took the paper he was writing on, crumpled it up and threw it out the office door. Now that their gaming license had been denied, a decision needed to be made--quickly. "It's a very strong family. Though authorities were never able to prove a paid snuff plot, Jeff Bumb believes the allegations were a factor contributing to authorities' mistrust of him. Jeff signed a deal with his brothers that prohibited him from owning Bay 101 stock until he got all the necessary licenses. Now that their gaming license had been denied, a decision needed to be made--quickly. Jeff's daughter interrupted Matthew and said, "And I didn't know better. OK--we didn't get out--OK? ON AUG. 11, 1995, Jeff sat in his Flea Market office scribbling on a piece of paper, plotting his grand return to his peach palace. Tim and George Jr. worried that pressuring state and city officials to deal Jeff back in at Bay 101 would backfire and authorities would close down the card room. The only reason we are driving around in his Lexus today is because he knows I have read the bizarre and bitter contents of a 2-foot-high stack of documents down at the Santa Clara County Superior Courthouse. But Jeff says that privately he and his brothers had an oral agreement--which Tim Bumb now corroborates--that would one day let him repurchase his shares and become a partner in Bay 101 again. Eight days after the molestation incident was reported to police--and one day after Jeff Bumb formally refused his father's $6.9 million buyout offer--George Bumb Sr. sent Jeff a curt typewritten memo informing Jeff that he was terminated effective immediately and had to clean out his desk before 5pm. Campaign records show that Bumb & Associates and Bay 101 have made at least $587,000 in campaign donations since 1994 to local and state politicians and ballot measures. And Brian, the handsome and gregarious youngest brother, was in charge of day-to-day operations at the Flea Market. But Jeff Bumb hasn't made a penny from the club since it opened in September 1994. (In one case, George Bumb Sr. loaned Jeff $31,250 in 1992 for his son to invest in Bay 101.) The couple even had a purchase contract for a $850,000 house on Golf Links Road. "Could he [Jeff] do any other work on his own behalf?" And Jeff himself had been playing poker since he was 12. And as with any divorce, embarrassing private details about the family and its businesses made their way into the public record. He demanded $10 million from his brothers to compensate him for violating the purported secret Bay 101 deal. Privacy hasn't been so easy to come by for the Bumbs in the '90s, since they got involved in Bay 101. When Jeff and Brian were denied licenses for Bay 101, Tim (above) and brother George Jr. jumped in. They recorded the conversation. He also pulled off an armed robbery of the Aloha Roller Palace. Jeff himself was hit with a federal grand jury investigation over financial transactions in connection with a multimillion-dollar residential development near Silver Creek Road. But Jeff says the loan dispute screwed up their moving plans. Before the end of the month, the Flea Market laid off Jeff's daughters Anne and Rebecca. Tim and George Jr. would appeal and reapply, the hope being that the club would open as soon as possible. In February 1994, nearly one year after the San Jose City Council gave Bay 101 its blessing, the state denied the Bumbs and their partners' gaming license application. The investigation was given a shot in the arm after the arrest of Johnny Venzon in 1997, a cop who made headlines for burglarizing homes while on duty to pay for his mounting gambling debts. George Bumb Sr.'s loan-repayment demands came in July 1996, just as his oldest son and his wife were about to move to Los Gatos and break away from the family and its eastside enclave. Realizing that, Jeff offered to pay higher card-room taxes (next year the city expects to collect $4.5 million from Bay 101) and pick up the tab for security. "I'm a big boy." He was also the kind of guy, police records reveal, who told his mother about the incidents "because he felt guilty." Matthew is the kind of guy a relative described to police as "polite," the guy parents wanted their daughters to date. That promised to be a hard sell to the San Jose City Council, which would have to authorize both the new site and the expansion. Werner said no. But Jeff says the loan dispute screwed up their moving plans. She recalled that she was dressed in shorts and a T-shirt covered by a blanket. Of the four brothers, Tim and George had faced the least resistance from state gaming officials. George Bumb Sr., an avid card player, held a regular weekly family poker game at his home. One of George Bumb Sr.'s granddaughters explained to police that her family was very old-fashioned: "The woman gets the short end of the deal; she is a whore. Christopher Gardner When the Vatican eliminated Latin from the Catholic mass in the '60s, George Bumb Sr. responded by building his own chapel, named for the rebellious St. Athanasius, at the base of Mt. VENZON WAS well known to the Bumbs. But he didn't cash out. And as with any divorce, embarrassing private details about the family and its businesses made their way into the public record. Bumb family attorney Ron Werner suggested that Jeff and his family had a hidden motive for waiting nearly a month to report the incident to police. The two, she said, never talked about what was going on while it was happening. But his dream, which now seemed so close to being a reality, was about to become a nightmare. attorney Frank Ubhaus asked the Bumb patriarch. The court saga evolved into a battle of wills between a father--a man who wouldn't even let the Vatican tell him what to do--and his oldest son, determined to break free from the old man's grasp. Initially, police filed felony charges against Matthew Bumb for having oral sex with a minor and penetrating her with his fingers. First, Jeff tried to have the Bumb & Associates partnership dissolved after accusing his family of trying to force him out without paying him a fair price. At one point in the investigation, sheriff's detectives had Jeff's daughter call Matthew while he was working at the Flea Market to confirm the sexual activities. The two, she said, never talked about what was going on while it was happening. attorney Frank Ubhaus asked the Bumb patriarch. When Jeff and Brian were denied licenses for Bay 101, Tim (above) and brother George Jr. jumped in. One of George Bumb Sr.'s granddaughters explained to police that her family was very old-fashioned: "The woman gets the short end of the deal; she is a whore. But Jeff and his family started hearing that instead of showing concern and support for his daughter, George Bumb Sr. and others in the family were blaming his freshman daughter for the incident and not her adult-age cousin. Before the end of the month, the Flea Market laid off Jeff's daughters Anne and Rebecca. Werner said no. A nurse was present to monitor his condition. "They had to find Snow White and Cinderella," Tim Bumb says, "and that was George and I." Nadia Turner Net Worth Net Worth List Toward the end of the call, things got heated. Still Standing: Jeff Bumb, Bay 101's ostracized founder, boasts that despite various local, state and federal investigations over the years he has emerged squeaky clean. Over the past year alone, Bumb & Associates and Bay 101 have given $56,000 to now-Attorney General Bill Lockyer, the man in charge of card-room regulation. One month later, the state attorney general's office made a devastating announcement: Authorities had come across issues of "such magnitude" and "concern" that they would need at least another month to decide if gambling should be allowed at Bay 101. But Jeff says that privately he and his brothers had an oral agreement--which Tim Bumb now corroborates--that would one day let him repurchase his shares and become a partner in Bay 101 again. Well, George, whether you want to believe it or not I do love you and you are like a father to me." Privacy hasn't been so easy to come by for the Bumbs in the '90s, since they got involved in Bay 101. Phone & Email; All Addresses (1) Family (3) Social; Court (2) And More; There were flowers everywhere. She told police about at least seven other sexual encounters she had with her cousin after that. And there were gamblers everywhere who had come looking for some action. Police reports would suggest she had, "for about a year," been giving "blow jobs" to 19-year-old Matthew Bumb, son of George Bumb Jr. Preventive Medicine: George Bumb Jr. is a co-owner of Bay 101, where a snakebite kit is kept on-hand as a family joke. It wasn't the idea of gambling. The guy doesn't get a slap on the hand." Unlike other partners, neither Jeff nor Brian had buyback provisions in their written agreements, an intentional omission meant to appease state gaming officials who wanted them out of the picture. "He worked for me." Before the end of the month, the Flea Market laid off Jeff's daughters Anne and Rebecca. Soon after his confession, the word started spreading in the family about what happened. One of George Bumb Sr.'s granddaughters explained to police that her family was very old-fashioned: "The woman gets the short end of the deal; she is a whore. One month later, the state attorney general's office made a devastating announcement: Authorities had come across issues of "such magnitude" and "concern" that they would need at least another month to decide if gambling should be allowed at Bay 101. Jeff was also getting word from his nieces and nephews that his father said at a family poker game: "If it was up to him, all the grandchildren would marry each other." Finally, in July 1994, the state cleared Tim and George and gave them a conditional OK to let the games begin. Jeff entertained offers to buy the club, the highest bid, he recalls, coming in at $40 million. Jeff's grandfather, Frank Bumb, had met his wife, Mary, at a card parlor in San Francisco where they worked. she said, referring to the family-run Catholic school at the Flea Market. "And I told you that I loved you and you are like a father to me.

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bumb family san jose net worth