September 1, 2009
http://www.manilatimes.net/national/2009/sept/01/yehey/top_stories/20090901to...
VERA Files stands by its report on Arroyos
By Vera Files
The house at 1655 Beach Park Boulevard in Foster City, California, remains registered in the name of Angela Arroyo Montenegro, wife of President Gloria Arroyos son and Rep. Juan Miguel Mikey Arroyo of Pampanga, data from the San Mateo County assessors office show.
As of Monday, the latest entry in the assessors office was dated April 2008 and shows Angela as the grantee of the property, which Mikey on Monday said he had already transferred to a company called Beach Way Park LLC as a way of explaining why the property did not appear in his 2007 and 2008 Statement of Assets, Liabilities and Network (SALN). LLC is short for Limited Liability Company.
[The house] is registered under Beach Way Park LLC in which I am a shareholder and which I declared in my SALN, he said in reaction to the VERA Files report.
The report had cited an entry in Mikeys 2008 statement of assets and liabilities in which he declared himself a shareholder in Beach Way Park, a company sharing the same address, Beach Park Boulevard, California, as his Foster City property.
The San Mateo County Assessors Office, however, yielded no record of Beach Way Park or its ownership of the Foster City property, which the couple bought in 2006.
Instead, the most recent transaction on record at the assessors office was between Indy Mac Bank and Angela coursed through the Mortgage Electronic Registration System in which the deed was reconveyed or returned to her, not to Beach Way Park. The transaction was recorded on April 15, 2008.
An online search with the US and California Securities and Exchange Commissions and the State of Californias official website, including its database of LLCs or limited liability companies, also yielded no record of Beach Way Park LLC. Information on the State of Californias website is updated weekly and is current as of August 28, 2009.
All about LLCs
Although Mikey listed Beach Way Parks address as Beach Park Boulevard in California, lawyers consulted by VERA Files said that the Arroyos could have registered the company in another state.
LLCs, or limited liabilities companies in the US are small businesses similar to single proprietorships in the Philippines and can be set up even with just one person as shareholder.
The limited liability company [LLC] is now the most common legal entity chosen by small business owners, according to the LLC Expert, a website specializing in the setting up of such companies. When you create an LLC, you take the first step in smart business protection planning. A properly formed limited liability company creates a legally enforceable layer of protection between you personally and your business.
VERA Files Questions
Mikey denied having been contacted by VERA Files. But VERA Files stands by its assertion that it repeatedly tried to contact him by text and calls on his two mobile phones.
Although Mikey, President Gloria Arroyos eldest child, issued a statement refuting his nondeclaration of the Foster City property, he did not address the other points in the story, which needed explaining.
Among the questions VERA Files sent to Mikey were: Why did he transfer his Redwood City condominium to Angela before selling it in 2005? Similarly, why did he transfer the Foster City property to Angela?
Mikey and Angela sold their Redwood City condominium for $900,000 in September 2005. At the time, his mother, the President, was facing impeachment charges for the Hello, Garci controversy, the revelation through wiretapped conversations that Mrs. Arroyo called former Commissioner Virgilio Garci Garciliano of the Commission on Elections while votes for the 2004 presidential elections were being counted.
MIKEY ARROYO DID NOT DECLARE LUXURY BEACHFRONT HOME IN CALIFORNIA
http://www.gmanews.tv/story/171108/arroyo-sons-buy-luxury-us-homes-after-hous...
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Hey, your video has good content, but I am not sure I totally agree with it... I guess that is why everyone has a channel and opinion right? Either way I like the content and the presentation. I picked up a few ideas from this video so thank you for posting. May I ask, how you go about determining what to make video content about? Are you looking for trending topics or are you just making content around what you think people should be consuming online? I am trying to figure out my process...
startupbuildervideos 2 months ago
PUTANG INA NINYO MGA ARROYO. Ang kakapal ng mga mukha ninyo. Hindi na kayo nahiya sa mga pilipinong nagugutom. Turuan din niyo magnakaw ang mga anak ninyo.
Jemaro671 6 months ago
If the pilipino people as a whole doesnt get their act together, the philippines is facing the risk of being a colony of communist china. gumising na kyo at itigil na ang mga kagaguhang yn, corruption, no justice among the courts, lawlessness in the streets, laziness, catholic church meddling and control, and other stupidities. ma22 tyong mgtrust ke Lord at gawin ang tama or else we're going 2 be doomed as a nation...
sikyot2 6 months ago
There is no "Price control" of all the commodities in the Philippines. Tumaas at tumaas ang bilihin dahil sa pangungurakot. Halos lahat gustong yumaman. Punong-puno ang mga simbahan sa mga taong mga relihiyoso pero malayo ang puso sa mga mahihirap. Kaya walang grasya galing sa panginoon. Ito ang tunay na mukha sa bansang Pilpinas.
gabriel38974 9 months ago
makulong sana ang buong pamilya nyo mga MAGNANAKAW! PWE! PWE! PWE!
MrOpetpogi 9 months ago
Mikey Arroyo Someday your kids will grow up and have their own families. They will learn in Philippine History your deeds and actions. I cant imagine how damned foolish and ashamed they would be having realized all they enjoyed in all their lives came from the millions of hungry poor Filipinos. Their perks in life were the deprivations of millions of people. You and your generations of families will forever be haunted in your dreams and lives by the price of the loot you stole from the people.
filipiniana1960 9 months ago
Wala nang solusyon ang politika sa Pilipinas.Controlado na ng mga magnanakaw ang ating bansa.Mafia style.Wala ng karapatan si Juan Dela Cruz.Lahat halos ng pulitiko pati mga General pati mga asawa puro Walanghiya.MAKAKAPAL ANG MUKHA at kung magsiarte akala mo kung sinong malilinis.Pare-pareho silang lahat puro mukhang PERA.
cra209 9 months ago
mag buwis ka naman sa mga ninakaw nyo sa mga filipino
pakibasamo 9 months ago
I saw Mikey Arroyo in Daly City from California last 8 month ago I wonder he laugh about my mom I was like WTF if i can say to him hey you dick head what are you doing here you not belong here from US get the fuck outta here before i can jump you anyway filipino and american filipino people if you see him again talk him back and jump him i don't give a fucking shit mang i really hate him and family arroyo too LMFAO.
yayarea45 1 year ago
i wonder why it´s so difficult to incriminate such acts! kakainis!!!
sibeguev 1 year ago