Anchor ads are not supported on this page.

4S Ranch Allied Gardens Alpine Baja Balboa Park Bankers Hill Barrio Logan Bay Ho Bay Park Black Mountain Ranch Blossom Valley Bonita Bonsall Borrego Springs Boulevard Campo Cardiff-by-the-Sea Carlsbad Carmel Mountain Carmel Valley Chollas View Chula Vista City College City Heights Clairemont College Area Coronado CSU San Marcos Cuyamaca College Del Cerro Del Mar Descanso Downtown San Diego Eastlake East Village El Cajon Emerald Hills Encanto Encinitas Escondido Fallbrook Fletcher Hills Golden Hill Grant Hill Grantville Grossmont College Guatay Harbor Island Hillcrest Imperial Beach Imperial Valley Jacumba Jamacha-Lomita Jamul Julian Kearny Mesa Kensington La Jolla Lakeside La Mesa Lemon Grove Leucadia Liberty Station Lincoln Acres Lincoln Park Linda Vista Little Italy Logan Heights Mesa College Midway District MiraCosta College Miramar Miramar College Mira Mesa Mission Beach Mission Hills Mission Valley Mountain View Mount Hope Mount Laguna National City Nestor Normal Heights North Park Oak Park Ocean Beach Oceanside Old Town Otay Mesa Pacific Beach Pala Palomar College Palomar Mountain Paradise Hills Pauma Valley Pine Valley Point Loma Point Loma Nazarene Potrero Poway Rainbow Ramona Rancho Bernardo Rancho Penasquitos Rancho San Diego Rancho Santa Fe Rolando San Carlos San Marcos San Onofre Santa Ysabel Santee San Ysidro Scripps Ranch SDSU Serra Mesa Shelltown Shelter Island Sherman Heights Skyline Solana Beach Sorrento Valley Southcrest South Park Southwestern College Spring Valley Stockton Talmadge Temecula Tierrasanta Tijuana UCSD University City University Heights USD Valencia Park Valley Center Vista Warner Springs

Real estate moguls stand their ground

Raided, picketed, and accused, the Schaumburgs' court date is set

Placards for the Schaumburgs' real estate business behind their office on Seacoast Avenue
Placards for the Schaumburgs' real estate business behind their office on Seacoast Avenue

The real estate moguls of Imperial Beach who were accused of involvement with financial irregularities in 2014 have pleaded not guilty to multiple charges of grand theft and embezzlement in San Diego criminal court.

Cheryl and Richard Schaumburg were arraigned in Superior Court on March 8th and pleaded not guilty to multiple charges of embezzlement and grand theft, according to clerks at the San Diego County Criminal Records Department.

Sponsored
Sponsored

Reached by phone, Cheryl Schaumburg said "of course" when asked if she pleaded not guilty. When asked if the case is going well, she said, "I'm not sure."

For decades, the Schaumburgs were the largest and most visible property managers in Imperial Beach, with their photos on placards in front of properties they managed.

In October 2015, Richard Schaumburg was identified as the person who made what the Imperial Beach Chamber of Commerce referred to as an "unauthorized withdrawal" of $35,000 from the chamber's bank account, an incident that has been the subject of an ongoing investigation by the Financial Crimes Unit of the San Diego County Sheriff’s Department.

The Schaumburgs’ business, One Source Realty, on Seacoast Avenue, was raided by police on December 24th of last year.

The Schaumburgs are defendants in over two dozen civil lawsuits in the courts. In December 2014, their office was picketed by residents who carried signs that read, “Schaumburgs Steal Rent,” based on allegations that the couple failed to correctly transfer funds between renters and property owners.

The Schaumburgs’ case will return to court on April 9th for a readiness hearing, and their trial is set to begin May 6th.

Disclosure: This reporter rented an Imperial Beach apartment through the Schaumburgs in 2012; the apartment turned out to be in the middle of foreclosure, leading to a cancelation of the lease soon after. Cheryl Schaumburg said the transaction was done in error.

The latest copy of the Reader

Please enjoy this clickable Reader flipbook. Linked text and ads are flash-highlighted in blue for your convenience. To enhance your viewing, please open full screen mode by clicking the icon on the far right of the black flipbook toolbar.

Here's something you might be interested in.
Submit a free classified
or view all
Previous article

The danger of San Diego's hoarders

The $1 million Flash Comics #1
Placards for the Schaumburgs' real estate business behind their office on Seacoast Avenue
Placards for the Schaumburgs' real estate business behind their office on Seacoast Avenue

The real estate moguls of Imperial Beach who were accused of involvement with financial irregularities in 2014 have pleaded not guilty to multiple charges of grand theft and embezzlement in San Diego criminal court.

Cheryl and Richard Schaumburg were arraigned in Superior Court on March 8th and pleaded not guilty to multiple charges of embezzlement and grand theft, according to clerks at the San Diego County Criminal Records Department.

Sponsored
Sponsored

Reached by phone, Cheryl Schaumburg said "of course" when asked if she pleaded not guilty. When asked if the case is going well, she said, "I'm not sure."

For decades, the Schaumburgs were the largest and most visible property managers in Imperial Beach, with their photos on placards in front of properties they managed.

In October 2015, Richard Schaumburg was identified as the person who made what the Imperial Beach Chamber of Commerce referred to as an "unauthorized withdrawal" of $35,000 from the chamber's bank account, an incident that has been the subject of an ongoing investigation by the Financial Crimes Unit of the San Diego County Sheriff’s Department.

The Schaumburgs’ business, One Source Realty, on Seacoast Avenue, was raided by police on December 24th of last year.

The Schaumburgs are defendants in over two dozen civil lawsuits in the courts. In December 2014, their office was picketed by residents who carried signs that read, “Schaumburgs Steal Rent,” based on allegations that the couple failed to correctly transfer funds between renters and property owners.

The Schaumburgs’ case will return to court on April 9th for a readiness hearing, and their trial is set to begin May 6th.

Disclosure: This reporter rented an Imperial Beach apartment through the Schaumburgs in 2012; the apartment turned out to be in the middle of foreclosure, leading to a cancelation of the lease soon after. Cheryl Schaumburg said the transaction was done in error.

Comments
Sponsored

The latest copy of the Reader

Please enjoy this clickable Reader flipbook. Linked text and ads are flash-highlighted in blue for your convenience. To enhance your viewing, please open full screen mode by clicking the icon on the far right of the black flipbook toolbar.

Here's something you might be interested in.
Submit a free classified
or view all
Previous article

Big swordfish, big marlin, and big money

Trout opener at Santee Lakes
Next Article

Everything You’ve Ever Wanted To Know About doTERRA

Comments
Ask a Hipster — Advice you didn't know you needed Big Screen — Movie commentary Blurt — Music's inside track Booze News — San Diego spirits Classical Music — Immortal beauty Classifieds — Free and easy Cover Stories — Front-page features Drinks All Around — Bartenders' drink recipes Excerpts — Literary and spiritual excerpts Feast! — Food & drink reviews Feature Stories — Local news & stories Fishing Report — What’s getting hooked from ship and shore From the Archives — Spotlight on the past Golden Dreams — Talk of the town The Gonzo Report — Making the musical scene, or at least reporting from it Letters — Our inbox Movies@Home — Local movie buffs share favorites Movie Reviews — Our critics' picks and pans Musician Interviews — Up close with local artists Neighborhood News from Stringers — Hyperlocal news News Ticker — News & politics Obermeyer — San Diego politics illustrated Outdoors — Weekly changes in flora and fauna Overheard in San Diego — Eavesdropping illustrated Poetry — The old and the new Reader Travel — Travel section built by travelers Reading — The hunt for intellectuals Roam-O-Rama — SoCal's best hiking/biking trails San Diego Beer — Inside San Diego suds SD on the QT — Almost factual news Sheep and Goats — Places of worship Special Issues — The best of Street Style — San Diego streets have style Surf Diego — Real stories from those braving the waves Theater — On stage in San Diego this week Tin Fork — Silver spoon alternative Under the Radar — Matt Potter's undercover work Unforgettable — Long-ago San Diego Unreal Estate — San Diego's priciest pads Your Week — Daily event picks
4S Ranch Allied Gardens Alpine Baja Balboa Park Bankers Hill Barrio Logan Bay Ho Bay Park Black Mountain Ranch Blossom Valley Bonita Bonsall Borrego Springs Boulevard Campo Cardiff-by-the-Sea Carlsbad Carmel Mountain Carmel Valley Chollas View Chula Vista City College City Heights Clairemont College Area Coronado CSU San Marcos Cuyamaca College Del Cerro Del Mar Descanso Downtown San Diego Eastlake East Village El Cajon Emerald Hills Encanto Encinitas Escondido Fallbrook Fletcher Hills Golden Hill Grant Hill Grantville Grossmont College Guatay Harbor Island Hillcrest Imperial Beach Imperial Valley Jacumba Jamacha-Lomita Jamul Julian Kearny Mesa Kensington La Jolla Lakeside La Mesa Lemon Grove Leucadia Liberty Station Lincoln Acres Lincoln Park Linda Vista Little Italy Logan Heights Mesa College Midway District MiraCosta College Miramar Miramar College Mira Mesa Mission Beach Mission Hills Mission Valley Mountain View Mount Hope Mount Laguna National City Nestor Normal Heights North Park Oak Park Ocean Beach Oceanside Old Town Otay Mesa Pacific Beach Pala Palomar College Palomar Mountain Paradise Hills Pauma Valley Pine Valley Point Loma Point Loma Nazarene Potrero Poway Rainbow Ramona Rancho Bernardo Rancho Penasquitos Rancho San Diego Rancho Santa Fe Rolando San Carlos San Marcos San Onofre Santa Ysabel Santee San Ysidro Scripps Ranch SDSU Serra Mesa Shelltown Shelter Island Sherman Heights Skyline Solana Beach Sorrento Valley Southcrest South Park Southwestern College Spring Valley Stockton Talmadge Temecula Tierrasanta Tijuana UCSD University City University Heights USD Valencia Park Valley Center Vista Warner Springs
Close

Anchor ads are not supported on this page.

This Week’s Reader This Week’s Reader