bumb family san jose net worth

Along the way, Jeff raised the ante, hiring Frank Ubhaus, a lawyer who represented Garden City card club, Bay 101's crosstown rival. 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. After learning of the incident, Jeff and wife Elizabeth did not report the matter to police immediately. Almost four months later, on July 21, 1998, George Bumb Sr. appeared in the downtown offices of Berliner Cohen to have his deposition taken. On Nov. 8, 1995, attorney Albin Danell, Elizabeth's brother-in-law, contacted the police, apparently after consulting with Elizabeth. After learning of the incident, Jeff and wife Elizabeth did not report the matter to police immediately. "Jeff is a wheeler and dealer," explained his Uncle John, the Flea Market's executive vice president and owner of the Skeeball Arcade. And there were gamblers everywhere who had come looking for some action. According to Jeff, there was tremendous pressure from his father and others in the family to keep the incest a secret. 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. And as with any divorce, embarrassing private details about the family and its businesses made their way into the public record. 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. At the time, Jeff was in the midst of negotiating an arrangement to be bought out of the family businesses. According to Jeff, there was tremendous pressure from his father and others in the family to keep the incest a secret. "And I told you that I loved you and you are like a father to me. "Could he [Jeff] do any other work on his own behalf?" Snow White or Cinderella? And as with any divorce, embarrassing private details about the family and its businesses made their way into the public record. A nurse was present to monitor his condition. 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. 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. (In one case, George Bumb Sr. loaned Jeff $31,250 in 1992 for his son to invest in Bay 101.) 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. 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. She recalled that she was dressed in shorts and a T-shirt covered by a blanket. "They had to find Snow White and Cinderella," Tim Bumb says, "and that was George and I." 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. Toward the end of the call, things got heated. Preventive Medicine: George Bumb Jr. is a co-owner of Bay 101, where a snakebite kit is kept on-hand as a family joke. In a fit, he took the paper he was writing on, crumpled it up and threw it out the office door. 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. Before the end of the month, the Flea Market laid off Jeff's daughters Anne and Rebecca. Well, George, whether you want to believe it or not I do love you and you are like a father to me." 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. And he [Jeff] wants me to violate the condition which says in it that I sign away my rights and they close us down. And it was very explicit in there that no Bumbs could have anything to do with the club. 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. On Nov. 8, 1995, attorney Albin Danell, Elizabeth's brother-in-law, contacted the police, apparently after consulting with Elizabeth. He followed that with suits alleging breach of contract, wrongful termination and misrepresentation. A nurse was present to monitor his condition. 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. Jeff signed a deal with his brothers that prohibited him from owning Bay 101 stock until he got all the necessary licenses. (In one case, George Bumb Sr. loaned Jeff $31,250 in 1992 for his son to invest in Bay 101.) He started telling people around the office that he wanted out of the family business. 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. He demanded $10 million from his brothers to compensate him for violating the purported secret Bay 101 deal. But his dream, which now seemed so close to being a reality, was about to become a nightmare. 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. She recalled that she was dressed in shorts and a T-shirt covered by a blanket. The Flea Market, touted as the nation's largest, made the Bumbs rich, grossing nearly $12 million in 1996. Jeff tells the story differently: "Matthew was my godson. ALL TOGETHER, the intrafamily litigation has spanned nearly three years. 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. Preventive Medicine: George Bumb Jr. is a co-owner of Bay 101, where a snakebite kit is kept on-hand as a family joke. The guy doesn't get a slap on the hand." But he didn't cash out. "I don't need their help," he barked at Werner. But Jeff was confident. 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. Snow White or Cinderella? 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. The guy doesn't get a slap on the hand." Whenever trouble arose at the Flea Market with city code or building inspectors, the Bumbs sent Jeff to settle things. But his dream, which now seemed so close to being a reality, was about to become a nightmare. Matthew Bumb's attorney argued that the relationship was consensual. (That thing that involved Jeff when Bay 101 was scheduled to open but didn't.)" "And when I visited you at your home I told you that other than God you are the only person I've gotten down on my knees for," Venzon says on page 7. She told police about at least seven other sexual encounters she had with her cousin after that. Toward the end of the call, things got heated. "My wife broke the code," he says, "and I supported her." attorney Frank Ubhaus asked the Bumb patriarch. 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. Don't Shoot: George Bumb Sr., the publicity-shy patriarch of the Bumb family and creator of the Flea Market, in a rare photo which appeared in California Today magazine in 1980. Initially, police filed felony charges against Matthew Bumb for having oral sex with a minor and penetrating her with his fingers. 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. 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. "It's a very strong family. 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." 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. 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. 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. "They had to find Snow White and Cinderella," Tim Bumb says, "and that was George and I." PRSE Greenside Dr. SAN JOSE, CA2000-2019. 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. OK--we didn't get out--OK? At the time, Jeff was in the midst of negotiating an arrangement to be bought out of the family businesses. At the time, Jeff was in the midst of negotiating an arrangement to be bought out of the family businesses. "I liked my name," he maintains. Jeff signed a deal with his brothers that prohibited him from owning Bay 101 stock until he got all the necessary licenses. Or at least he thought he didn't. The two, she said, never talked about what was going on while it was happening. The couple even had a purchase contract for a $850,000 house on Golf Links Road. So Jeff, Brian and the remaining non-family partners backed out of Bay 101, handing everything over to Tim and George Jr. 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 on the hook for $15 million. 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. 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. 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. Christopher Gardner On Nov. 8, 1995, attorney Albin Danell, Elizabeth's brother-in-law, contacted the police, apparently after consulting with Elizabeth. He was also the kind of guy, police records reveal, who told his mother about the incidents "because he felt guilty." Tim and George Jr. would appeal and reapply, the hope being that the club would open as soon as possible. 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. Almost four months later, on July 21, 1998, George Bumb Sr. appeared in the downtown offices of Berliner Cohen to have his deposition taken. 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. 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. The teenagers had been drinking booze earlier in the night. "Hell, no," George Bumb replied. "He took care of it." Soon after his confession, the word started spreading in the family about what happened.