Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-caed-2_09-cv-00665/USCOURTS-caed-2_09-cv-00665-96/pdf.json

Nature of Suit Code: 850
Nature of Suit: Securities, Commodities, Exchange
Cause of Action: 15:77 Securities Fraud

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[PROPOSED] ORDER DIRECTING WELLS FARGO AND FAR WEST BANK TO PRODUCE DOCUMENTS AND INFORMATION 

CASE NO. CV 09-000665 LKK-DAD 

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FUTTERMAN DUPREE 

DODD CROLEY

MAIER LLP

FUTTERMAN DUPREE DODD CROLEY MAIER LLP

JAMIE L. DUPREE (158105) 

JAIME G. TOUCHSTONE (233187) 

180 Sansome Street, 17th Floor 

San Francisco, CA 94104 

Telephone: (415) 399-3840 

Facsimile: (415) 399-3838 

jdupree@fddcm.com

jtouchstone@fddcm.com

Attorneys for Receiver 

Stephen E. Anderson 

UNITED STATES DISTRICT COURT 

EASTERN DISTRICT OF CALIFORNIA 

SACRAMENTO 

SECURITIES AND EXCHANGE 

COMMISSION, 

Plaintiff 

 v. 

ANTHONY VASSALLO, et al, 

Defendants. 

Case No. CV 09-000665 LKK-DAD

ORDER DIRECTING WELLS FARGO 

BANK AND FAR WEST BANK TO 

PRODUCE DOCUMENTS AND 

INFORMATION TO RECEIVER 

CONCERNING VIP ACCOUNTS 

Judge Lawrence K. Karlton

On April 30, 2009, this Court filed the Order Appointing Temporary Receiver for Equity 

Investment Management and Trading, Inc. (“EIMT”) and Order to Show Cause for Appointment 

of Permanent Receiver (“OAR”) and on July 31, 2009, the Court filed an Order permanently 

appointing Receiver. Pursuant to the OAR, for good cause shown, and in order to empower and 

authorize the Receiver to carry out his duties and obligations, 

THE COURT HEREBY FINDS AND ORDERS AS FOLLOWS: 

EIMT transferred investor funds to various subfunds and various subfunds transferred 

funds to EIMT. To date, Receiver has identified in excess of thirty subfunds, one of which is 

Vastmann Investment Partners, LLC (“VIP”). Receiver’s investigation has revealed that in or 

around July 2004, defendant Anthony Vassallo, Jarom L. Dastrup and Jaren Ahlmann formed the 

Strategic Investment Group (“SIG”) and in or around September 2005, Vassallo, Dastrup and 

Case 2:09-cv-00665-JAM-KJN Document 395 Filed 12/14/10 Page 1 of 3
[PROPOSED] ORDER DIRECTING WELLS FARGO AND FAR WEST BANK TO PRODUCE DOCUMENTS AND INFORMATION 

CASE NO. CV 09-000665 LKK-DAD 

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FUTTERMAN DUPREE 

DODD CROLEY

MAIER LLP

Ahlmann formed VIP. Vassallo and/or Dastrup and/or Ahlmann were signatories on one or 

more Washington Mutual bank account(s), possibly held in the name(s) of VIP, SIG, VDA 

Management, Dastrup Vassallo Investments, Links Lending, Links Capital Lending, Dastrup 

Assets Strategies, Crossroad Equity, LLC, JD Mann, LLC and JD One, LLC (the “VIP 

Washington Mutual Accounts”), all of which Receiver believes are related to VIP and/or SIG. 

Receiver believes that EIMT money was comingled with VIP money and was used to 

redeem investments made by SIG and VIP investors. Receiver’s investigation has determined 

that in excess of $18 million was contributed to EIMT by VIP. In return, VIP, its principals 

and/or SIG/VIP investors received in excess of $29 million in EIMT investor funds, representing 

at least $10.7 million more than was originally deposited with EIMT. Receiver’s investigation 

has revealed that the $10.7 million in EIMT investor funds were transferred to the VIP and/or 

SIG investors to pay principal and/or profit on their investments. 

The Court previously issued an order authorizing Washington Mutual Bank to provide 

information and documentation to Receiver concerning any and all VIP Washington Mutual 

Accounts and/or any accounts on which Jarom L. Dastrup, Jaren Ahlmann and/or Anthony 

Vassallo had signing authority (Doc. No. 327), which remains in full force and effect. 

Receiver’s investigation has revealed that VIP and/or SIG sent their own investors’ 

money to other entities, but were able to repay those investors principal and/or profit solely 

because they received a large influx of capital from EIMT; and VIP and/or SIG had relationships 

with financial institutions in addition to Washington Mutual, including, but not limited to Wells 

Fargo Bank and Far West Bank. Receiver believes that prior to March 2006, significant funds 

were transferred from the VIP Washington Mutual Account to Wells Fargo and Far West Bank 

accounts held in the name of Links Lending and SIG. Receiver is endeavoring to track the 

money transferred to/from the VIP Washington Mutual Accounts and to create an accounting 

record for the EIMT investor funds transferred to/from EIMT to/from VIP and/or SIG. 

To further assist Receiver’s investigation, the Court directs Wells Fargo Bank and Far 

West Bank to provide information and documentation concerning any and all accounts held in 

the name(s) of Links Lending, Links Capital Lending, VIP, SIG, VDA Management, Dastrup 

Case 2:09-cv-00665-JAM-KJN Document 395 Filed 12/14/10 Page 2 of 3
[PROPOSED] ORDER DIRECTING WELLS FARGO AND FAR WEST BANK TO PRODUCE DOCUMENTS AND INFORMATION 

CASE NO. CV 09-000665 LKK-DAD 

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FUTTERMAN DUPREE 

DODD CROLEY

MAIER LLP

Vassallo Investments, Dastrup Assets Strategies, Crossroad Equity, LLC, JD Mann, LLC and JD 

One, LLC, and/or any accounts on which Jarom L. Dastrup, Jaren Ahlmann and/or Anthony 

Vassallo had signing authority from July 2004 through December 2008, including, but not 

limited to Wells Fargo Bank account numbers XXX-XXX3606, XXX-XXX4265 and Far West 

Bank account number XXXXX3326. Such documentation shall include, but is not limited to 

statements and other documentation reflecting receipts by and disbursements from such 

accounts, account numbers and account holder information. 

Wells Fargo Bank and Far West Bank are hereby prohibited from notifying account 

holder(s), including, but not limited to Jarom L. Dastrup and/or Jaren Ahlmann, of this Order and 

are directed to cooperate fully with Receiver in his investigation and inquiries on behalf of this 

Court. 

IT IS SO ORDERED.

Dated: December 14, 2010 

Case 2:09-cv-00665-JAM-KJN Document 395 Filed 12/14/10 Page 3 of 3