|These excerpts are from this document from the |
STATE OF CALIFORNIA
BUSINESS, TRANSPORTATION AND HOUSING AGENCY
DEPARTMENT OF CORPORATIONS to Russell Craig Pike
DESIST AND REFRAIN ORDER
(~or violations of sections 25110 and 25401 of the Corporations Code)
To read in full you can go to "On February 10, 1998, the Mirage Casino-Hotel ("Mirage") filed a lawsuit in Nevada state court, Eighth Judicial District for the County of Clark, against Pike alleging that over a two day period in November 1995 Pike wrote three checks totaling $300,000.00, made payable to Mirage, from an account with insufficient funds. Pike failed to respond to Mirage's lawsuit which led to the Nevada state court entering a default judgment against him on July 7, 1998 and ordering Pike to repay Mirage $300,000.00 plus interest" "On July 9, 1997, Pike was indicted in u.s. District Court for the District of Nevada on counts of bank fraud, money laundering and aiding and abetting, in connection with his operation of Advanced Cart Technology, Inc. On October 13, 1998, Pike entered a guilty plea to the charge of money laundering. On June 4, 1999, Pike was sent~nced to 59 months in a federal prison, three years of supervised release and was ordered to pay restitution of$2,367,146.00." "On June 29, 1987, Pike was indictediinSuperior Court of California, County of Orange, on counts of grand theft and forgery. Pike pled guilty to both counts and was sentenced to prison." The document outlines much more, but this should give anyone an idea of the severity. Do your due diligence when dealing with this person. There are current charges pending as well in the state of Nevada in Las Vegas. Current court date when last heard was in November.