bumb family san jose net worth

bumb family san jose net worth

He and his brothers had a plan, he says. And Brian, the handsome and gregarious youngest brother, was in charge of day-to-day operations at the Flea Market. It's like we had no life except for the family." Originally he was scheduled for questioning on March 10, 1997, but the old man's lawyers explained that their client was extremely ill, suffering from "severe life-threatening conditions," practically on his death bed. In response to Jeff's legal attacks, George Bumb Sr. and Bumb & Associates filed two separate suits of their own to collect nearly $1 million in loans and interest they claimed Jeff never paid. And for nearly a month, they did. Soon after his confession, the word started spreading in the family about what happened. attorney Frank Ubhaus asked the Bumb patriarch. A nurse was present to monitor his condition. And he [Jeff] wants me to violate the condition which says in it that I sign away my rights and they close us down. 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. 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. When Werner broke the news that Jeff's brothers wouldn't write a letter on his behalf, he says Jeff became furious. VENZON WAS well known to the Bumbs. They recorded the conversation. Tim and George, under pressure from then Police Chief Lou Cobarruviaz, had already signed an agreement a year earlier that prohibited Brian, Jeff and their father from having anything to do with the card room. Tim and George Jr. would appeal and reapply, the hope being that the club would open as soon as possible. Jeff's daughter interrupted Matthew and said, "And I didn't know better. (That thing that involved Jeff when Bay 101 was scheduled to open but didn't.)" Meanwhile, Jeff and his lawyers spent 15 months trying get his father to appear at a deposition. And then, just when it seemed as though family relations couldn't get any worse, they did. Jeff's daughter interrupted Matthew and said, "And I didn't know better. (In one case, George Bumb Sr. loaned Jeff $31,250 in 1992 for his son to invest in Bay 101.) Soon after his confession, the word started spreading in the family about what happened. 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. He also disputes that such a letter was even necessary for Jeff to get licensed. "They didn't teach anything about this. She recalled that she was dressed in shorts and a T-shirt covered by a blanket. In fact, Tim and George had to agree not to collaborate with other Bumbs on any new business venture. Initially, police filed felony charges against Matthew Bumb for having oral sex with a minor and penetrating her with his fingers. 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. Jeff tells the story differently: "Matthew was my godson. He was also the kind of guy, police records reveal, who told his mother about the incidents "because he felt guilty." Werner said no. The two, she said, never talked about what was going on while it was happening. Along the way, Jeff raised the ante, hiring Frank Ubhaus, a lawyer who represented Garden City card club, Bay 101's crosstown rival. Toward the end of the call, things got heated. Well, guess what? In fact, Tim and George had to agree not to collaborate with other Bumbs on any new business venture. Preventive Medicine: George Bumb Jr. is a co-owner of Bay 101, where a snakebite kit is kept on-hand as a family joke. 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. According to Werner, molestation of his daughter became part of a laundry list of damning things Jeff threatened to disclose if his buy-out demands weren't met. And Brian, the handsome and gregarious youngest brother, was in charge of day-to-day operations at the Flea Market. Almost four months later, on July 21, 1998, George Bumb Sr. appeared in the downtown offices of Berliner Cohen to have his deposition taken. 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." Now that their gaming license had been denied, a decision needed to be made--quickly. According to Werner, molestation of his daughter became part of a laundry list of damning things Jeff threatened to disclose if his buy-out demands weren't met. 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. Well, guess what? Jeff entertained offers to buy the club, the highest bid, he recalls, coming in at $40 million. The district attorney's office says that Bumb attorney Ron Werner turned the letter over to authorities immediately after it came in the mail. "I mean," Jeff later said at a deposition, "it was a time of hurt and heartache for us--and not my father, not my mother, not my brother George, not my brother Tim, not Brian could care less." You think this didn't break my heart?" she said, referring to the family-run Catholic school at the Flea Market. Tim, the second youngest of George Bumb's four boys, was already running the family toy business, Fact Games, and Premium Pet Stores. "I mean," Jeff later said at a deposition, "it was a time of hurt and heartache for us--and not my father, not my mother, not my brother George, not my brother Tim, not Brian could care less." Within weeks, Jeff says, his six-month-old dog was dead, his cat was dead and the tires of a family car were slashed. You think this didn't break my heart?" "My issue with [George Bumb Sr.]," Jeff Bumb complains about his father, "was his control of where you lived, what kind of house you bought, where your children went to school, who your friends are, whether your children went to college, who they would marry, what kind of wedding they would have." 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. EVERY DAY THE CLUB stayed closed, the Bumbs lost more money. The couple even had a purchase contract for a $850,000 house on Golf Links Road. And he [Jeff] wants me to violate the condition which says in it that I sign away my rights and they close us down. Earlier this year, a month before Venzon was sentenced to 14 years in prison, district attorney investigator Michael Schembri closed out the Venzon case, noting in a court filing, "No new information has been uncovered relating to the murder for hire case [at the Flea Market] which our department investigated several years ago." 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. The teenagers had been drinking booze earlier in the night. 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. Jeff signed a deal with his brothers that prohibited him from owning Bay 101 stock until he got all the necessary licenses. "Jeff is a wheeler and dealer," explained his Uncle John, the Flea Market's executive vice president and owner of the Skeeball Arcade. 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. Even though all the lights were out, she told police that she knew it was Matthew "because the moonlight shined into the room through the large windows that faced the ocean." ALL TOGETHER, the intrafamily litigation has spanned nearly three years. Over the years, he had developed working relationships with the city's politicians and bureaucrats. (In one case, George Bumb Sr. loaned Jeff $31,250 in 1992 for his son to invest in Bay 101.) During the Venzon investigation, San Jose police dug up an old file from November 1990 in which Venzon, a sheriff's deputy, had reported his department-issued Smith & Wesson 9 mm automatic stolen. And he [Jeff] wants me to violate the condition which says in it that I sign away my rights and they close us down. He and his brothers had a plan, he says. There were flowers everywhere. Deputy chief Tom Wheatley says that police wondered if Venzon, or someone, destroyed the barrel to prevent a ballistics test from tracing a fired bullet to the gun. Toward the end of the call, things got heated. He bought 120 acres (49 ha) of an old meat-processing plant and remodeled it to create a market with an initial 20 vendors and only 100 customers per day. Tim Bumb says writing a letter on Jeff's behalf would have violated the agreement with the police chief and put the club in jeopardy. "Could he [Jeff] do any other work on his own behalf?" "They didn't teach anything about this. The guy doesn't get a slap on the hand." 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. You know the school we went to?" According to Werner, molestation of his daughter became part of a laundry list of damning things Jeff threatened to disclose if his buy-out demands weren't met. But he didn't cash out. 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. "He worked for me." On Nov. 8, 1995, attorney Albin Danell, Elizabeth's brother-in-law, contacted the police, apparently after consulting with Elizabeth. And it was very explicit in there that no Bumbs could have anything to do with the club. 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. The district attorney's office says that Bumb attorney Ron Werner turned the letter over to authorities immediately after it came in the mail. "We made it very clear to Jeff and everybody else concerned," Tim says, "that I'm not going to stick my neck on the line here. The couple even had a purchase contract for a $850,000 house on Golf Links Road. The fund would be controlled by an advisory group made up of city staff, vendors and flea market representatives. Jeff's grandfather, Frank Bumb, had met his wife, Mary, at a card parlor in San Francisco where they worked. Well, George, whether you want to believe it or not I do love you and you are like a father to me." 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.

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