Into chance he’s made using their associations that have public pension finance, it’s barely a surprise you to Alfred J.R. Villalobos has a sprawling, nine,100-square-feet family disregarding this new emerald-blue oceans from Lake Tahoe.
However the manner in which Villalobos financed construction of your own $dos.7-million mansion try fueling the fresh questions from inside the an investigation from the Ca Societal Employees’ Senior years program toward items off very-called placement representatives such Villalobos.
Files show that the new Villalobos home is designed with the support regarding an effective $step 1.1-million financing out of a collaboration install of the CIM Group, a high profile-based a property creativity organization. read more