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." At the time, Jeff was in the midst of negotiating an arrangement to be bought out of the family businesses. Finally, in July 1994, the state cleared Tim and George and gave them a conditional OK to let the games begin. And there were gamblers everywhere who had come looking for some action. 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. 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. And then, just when it seemed as though family relations couldn't get any worse, they did. The two, she said, never talked about what was going on while it was happening. VENZON WAS well known to the Bumbs. I'm on the hook for $15 million. You think this didn't break my heart?" At the time, Jeff was in the midst of negotiating an arrangement to be bought out of the family businesses. "He took care of it." The elder Bumb may not have been feeling well, but he wasn't too sick to remember who was boss in this family. As a compromise of sorts, he was debating whether he should apply for a license as a gaming-club manager instead of as an owner. 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. 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. And that ain't happening because I can't afford it." According to Jeff, there was tremendous pressure from his father and others in the family to keep the incest a secret. The district attorney's office says that Bumb attorney Ron Werner turned the letter over to authorities immediately after it came in the mail. EVERY DAY THE CLUB stayed closed, the Bumbs lost more money. "I'm a big boy." FROM THE START, Jeff's three brothers and father didn't share his enthusiasm for opening a lavish gaming house. Eight months later, the frame of the weapon was found in a Salinas pond near Venzon's home with the barrel and slide missing. And he [Jeff] wants me to violate the condition which says in it that I sign away my rights and they close us down. Along the way, Jeff raised the ante, hiring Frank Ubhaus, a lawyer who represented Garden City card club, Bay 101's crosstown rival. Jeff signed a deal with his brothers that prohibited him from owning Bay 101 stock until he got all the necessary licenses. As a compromise of sorts, he was debating whether he should apply for a license as a gaming-club manager instead of as an owner. He and his brothers had a plan, he says. 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. "He worked for me." They recorded the conversation. She recalled that she was dressed in shorts and a T-shirt covered by a blanket. 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. Christopher Gardner 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. "And I told you that I loved you and you are like a father to me. Finally, in July 1994, the state cleared Tim and George and gave them a conditional OK to let the games begin. Bay 101 was Jeff's idea--no one disputes that. The Flea Market, touted as the nation's largest, made the Bumbs rich, grossing nearly $12 million in 1996. A FEW DAYS AFTER returning from his son's Oct. 13, 1995, military graduation in San Diego, Jeff and his wife, Elizabeth, got some appalling news: Their 14-year-old daughter had been involved in a sexual relationship with an older male cousin. 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. "My wife broke the code," he says, "and I supported her." "They had to find Snow White and Cinderella," Tim Bumb says, "and that was George and I." In a statement to police, Jeff's daughter recounted how the first incident had happened the year before on the Fourth of July at a family beach house near Santa Cruz when the older boy allegedly started fondling her while she was asleep on the living room couch. In a statement to police, Jeff's daughter recounted how the first incident had happened the year before on the Fourth of July at a family beach house near Santa Cruz when the older boy allegedly started fondling her while she was asleep on the living room couch. And then police remembered the old rumors about a murder plot at the Flea Market, where Venzon had worked as a security guard for more than 15 years. 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. 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. Jeff entertained offers to buy the club, the highest bid, he recalls, coming in at $40 million. Christopher Gardner Most of George Bumb Sr.'s five dozen grandchildren have grown up in the 95127 ZIP code and have attended the family-run K-12 Catholic school, St. Thomas More, located on Flea Market grounds since 1978. He started telling people around the office that he wanted out of the family business. Matthew Bumb's attorney argued that the relationship was consensual. 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. "I don't need their help," he barked at Werner. 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. EIGHT MONTHS AFTER its approval by the City Council, the peach-colored Bay 101 held its "grand opening." 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. Christopher Gardner 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 drives by every day on his way to his Maverick Consulting development business in Mountain View, but he never gets off the Brokaw/First Street exit to pay a visit. And then, just when it seemed as though family relations couldn't get any worse, they did. Just so everyone got the point, Jeff Bumb announced to the press that he and Brian were divesting from Bay 101, and records show he eventually sold his shares for $1.4 million. A nurse was present to monitor his condition. 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. The Flea Market, touted as the nation's largest, made the Bumbs rich, grossing nearly $12 million in 1996. 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. "I don't need their help," he barked at Werner. And for nearly a month, they did. Well, George, whether you want to believe it or not I do love you and you are like a father to me." Bryant, who acts as emissary for the family and its patriarch, thinks the Bumbs are a misunderstood bunch. He asked longtime family attorney Ron Werner if his brothers could write a recommendation letter for him, something state officials had told him he would need to be considered eligible for a gaming license. And then police remembered the old rumors about a murder plot at the Flea Market, where Venzon had worked as a security guard for more than 15 years. 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. At the time, San Jose, like cities throughout the state, was strapped for cash, looking at an $11 million budget shortfall. The teenagers had been drinking booze earlier in the night. As a compromise of sorts, he was debating whether he should apply for a license as a gaming-club manager instead of as an owner. 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. she said, referring to the family-run Catholic school at the Flea Market. Bryant, who acts as emissary for the family and its patriarch, thinks the Bumbs are a misunderstood bunch. Before the end of the month, the Flea Market laid off Jeff's daughters Anne and Rebecca. Werner said no. The Bumbs had a plenty of experience with a cash business through the Flea Market, which they've run for almost 40 years. The district attorney's office says that Bumb attorney Ron Werner turned the letter over to authorities immediately after it came in the mail. Snow White or Cinderella? You think this didn't break my heart?" In her 10 years as the Flea Market's community relations specialist, Bryant has come to adore the lack of pretension among this clan of millionaires who have their offices in a mobile home where none of the furniture seems to match. And it was very explicit in there that no Bumbs could have anything to do with the club. 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." In fact, on the day he was arrested, records show that Venzon pawned a 14-karat-gold diamond cluster ring and a ladies' gold tennis bracelet for a total of $298 at American Precious Metals, a jewelry store at the Flea Market run by Joseph Bumb. 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. "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." "It's making a whole lot of money," Bumb says of the club which city financial forecasters have predicted will gross $34.6 million this year, $11.5 million more than its cross-town rival, Garden City. 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. You think this didn't break my heart?" Soon after his confession, the word started spreading in the family about what happened. He asked longtime family attorney Ron Werner if his brothers could write a recommendation letter for him, something state officials had told him he would need to be considered eligible for a gaming license. ALL TOGETHER, the intrafamily litigation has spanned nearly three years. You think this didn't break my heart?" "I'm a big boy." 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. 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. "I don't need their help," he barked at Werner. Along the way, Jeff raised the ante, hiring Frank Ubhaus, a lawyer who represented Garden City card club, Bay 101's crosstown rival. The gambling palace Jeff Bumb--the oldest son who is often described as the most entrepreneurial of the four brothers--had in mind was going to take a lot of effort and political skill. The elder Bumb may not have been feeling well, but he wasn't too sick to remember who was boss in this family. When Vice President Al Gore called to personally invite the elder Bumb to a fundraiser at the Los Altos home of real estate magnate George Marcus, Bumb put the VP on hold for several minutes, ultimately making Betsy take the call. 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.
Todos os Direitos Reservados à bumb family san jose net worth® 2015
