Joseph Groves person
also: Gross, Groves
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Related entities (most co-mentioned)
San Joaquin Savingsorganization · 17Southmarkorganization · 13Herman Beebeperson · 6Robert Crockerperson · 3Thomas Gobertperson · 3Savings and Loan Associationorganization · 3Morris Shankerperson · 2Lincoln Savingsorganization · 2Texascountry · 2Ed McBurneyperson · 2Chicago Tribunebook · 2Balamaorganization · 2Allied Bankorganization · 2John Ballasperson · 1Dale Andersonperson · 1Gene Phillipsperson · 1Continental Illinois National Bank and Trust Companyorganization · 1American Invescoorganization · 1Golay Familyfamily · 1BMS Realtyorganization · 1Florida Bay Club Managementorganization · 11-0-3 Marker Corporationorganization · 1Harry Woodperson · 1William Kennedy Jr.person · 1
Claims (8)
Joseph Groves supplied_arms_to
Harry Wood documented
“But testimony before the Nevada Gaming Board revealed that Gross was involved in negotiating a $5 million Southmark loan for the purchase of a Nevada casino by Harry Wood, a reputed organized crime associate from Shreveport, Louisiana, whic…”
▶ The Colonel’s Corner Mafia, CIA & George Bush Part 18 @ 5:48
Gene Phillips ordered_assassination_of
Joseph Groves documented
“to Schenker's Dunes Hotel and Casino in Las Vegas. Gross also reportedly arranged Las Vegas trips for San Joaquino customers, the elite customers, not you and me. In January 1985, there was a memo to Gross. Southmark chairman Gene Phillips …”
▶ The Colonel’s Corner Mafia, CIA & George Bush Part 18 @ 6:16
Thomas Gobert appointed
Joseph Groves documented
“This loan was made in 1985, the same year that Gobert placed gross on the board of directors of his company, Telecom. Gobert had bought with a loan from Sunbelt Savings. So this is that round robin again. Borrow money from here, put it in h…”
▶ The Colonel’s Corner Mafia, CIA & George Bush Part 18 @ 9:10
Joseph Groves laundered_money_for
Ed McBurney documented
“A 1988 lawsuit filed against McBurney and other Sunbelt insiders state that Gross handled these loans for San Joaquino. On the flip side, Gross received seven loans from Sunbelt totaling $21 million himself. This is money laundering. San Jo…”
▶ The Colonel’s Corner Mafia, CIA & George Bush Part 18 @ 10:05
Joseph Groves laundered_money_for
People's Heritage Federal Savings Loan documented
“was a Kansas savings and loan that lent big money to John Riddle and John Ballas deal in Houston. In January of 1991, Gross was indicted by a federal grand jury in Kansas regarding loan participations that he was involved with at People's H…”
▶ The Colonel’s Corner Mafia, CIA & George Bush Part 18 @ 11:03
Andre Nibling exposed
Joseph Groves documented
“They're literally just swapping loans and then giving themselves a payday for doing it. The following year, federal regulators made them reverse the transaction because of all of its irregularities. In fact, Lincoln's chairman, Andre Niblin…”
▶ The Colonel’s Corner Mafia, CIA & George Bush Part 18 @ 12:57
Joseph Groves headed
San Joaquin Savings documented
“Russo, one of the Kappa Sigma guys, who was the head of Ameriway Savings. Casey Hood, who had been the president of BB's umbrella company, AMI, before he took control of Western Savings. And a guy by the name of Joseph Groves, who was a Chi…”
▶ The Colonel’s Corner-Mafia, CIA, and George Bush Part 16 @ 13:05
Joseph Groves member_of
Southmark book_quoted
“A mob associate from Chicago, Joseph Groves, G-R-O-S-E, came in to make all of the big loan decisions. Anderson, who was Bebe's partner, said they dealt primarily with Groves in their transactions with Southmark. While Southmark, and rememb…”
▶ The Colonel’s Corner The Mafia, CIA, & George Bush Part Part @ 15:19
Mentions (24)
▶ 12:33
Roberts, as noted earlier, was involved in the huge deals in Houston and Colorado with weapons trafficker Aiden Khashoggi. In 1983, McBurney had control of Sunbelt and Woods had control of Western Savings. The two began making multi-million…
▶ 1:01:40
Over the tower, a new buyer appeared, Southmark. The mob-infested real estate investment company ran by Herman Beebe steps up. And Southmark, in the proposed transaction, was a man named Joseph Groves, G-R-O-S-E, that we've already said is …
▶ 1:02:11
That's where Herman Beebe parked all of his real estate. He was also a senior VP of Southmark's Savings and Loan, San Joaquinto Savings. And apparently, unbeknownst to Continental Illinois and the Chicago Press, Gross was from Chicago, wher…
▶ 1:02:41
In fact, Gross was an officer and director of two Florida companies with Bellamas, Robert, Bob, and Crocker. Florida corporate records show that Gross was the president and director of a company called Florida Bay Club Management. Bob was t…
▶ 1:03:10
Groves was also the president and director of 1-0-3 Marker Corporation, which also was incorporated in Florida in August of 81 and was still active in 9. He was the treasurer and director of the company while Crocker was the VP. When the au…
▶ 1:03:40
When asked about the two Florida corporations and the fact that he denied being partners with the two, Gross replied, so. Then when he began questioning Gross about his relationship with the Goleta family, he hung up on him. When the Chicag…
▶ 1:04:09
They will not be our agents. It's all the same group. Although Groves was listed in San Joaquino's corporate records as a senior vice president, he was really the chief loan officer and was essentially determining who got major loans from t…
▶ 1:04:35
The summary said all of the major loans are originated out of Southmark Funding, also known as Dallas Loan Production Office, by Joseph Gross. The quote from the minute of the meeting of San Joaquino Board of Directors stated that Gross was…
▶ 1:05:05
of the Dallas Loan Production Office. So he's in charge of who gets loans. The report further stated that Southmark Funding, meaning Joseph Groves, initiates all major loans with the association and subsequent funding. The majority of appra…
▶ 1:05:57
In 1985, Gross was receiving $732,000 in salaries and bonuses from Southmark and San Joaquino compared to the actual guy running San Joaquin Bank was paid $175,000. So he's getting paid like three times, four times as much as the guy he sup…
▶ 4:27
San Joaquino failed primarily because of the $1 billion or so in loans and investments that Southmark made through gross, according to the regulators, into bankruptcy filings in the Southmark bankruptcy, who also went bankrupt because most …
▶ 5:25
According to Dale Anderson, who was Beebe's right-hand man, said that he and Beebe dealt primarily with Gross, G-R-O-S-E, on the details of their transactions with Southmark and San Joaquino. Not only did Southmark deal with Beebe and the l…
▶ 5:48
But testimony before the Nevada Gaming Board revealed that Gross was involved in negotiating a $5 million Southmark loan for the purchase of a Nevada casino by Harry Wood, a reputed organized crime associate from Shreveport, Louisiana, whic…
▶ 6:16
to Schenker's Dunes Hotel and Casino in Las Vegas. Gross also reportedly arranged Las Vegas trips for San Joaquino customers, the elite customers, not you and me. In January 1985, there was a memo to Gross. Southmark chairman Gene Phillips …
▶ 8:09
This loan to the Houston attorney who controlled several savings in loan was arranged by Herman Beebe. He got a commission of almost a half million dollars. Art Leiser, L-E-I-S-E-R, the retired Texas Savings and Loan Department chief examin…
▶ 8:40
the savings in loan. Leister said that when he first noticed Gross's activity at San Joaquino, he asked people there about him. Nobody seemed to know anything about him. A third loan for $32 million to a group headed by Thomas Gobert, G-A-U…
▶ 9:10
This loan was made in 1985, the same year that Gobert placed gross on the board of directors of his company, Telecom. Gobert had bought with a loan from Sunbelt Savings. So this is that round robin again. Borrow money from here, put it in h…
▶ 10:05
A 1988 lawsuit filed against McBurney and other Sunbelt insiders state that Gross handled these loans for San Joaquino. On the flip side, Gross received seven loans from Sunbelt totaling $21 million himself. This is money laundering. San Jo…
▶ 11:03
was a Kansas savings and loan that lent big money to John Riddle and John Ballas deal in Houston. In January of 1991, Gross was indicted by a federal grand jury in Kansas regarding loan participations that he was involved with at People's H…
▶ 11:32
cried with him. But his troubles were far from over. In late 1991, a federal grand jury in Dallas indicted him for fraud regarding his San Joaquino deals. One loan that San Joaquino didn't make was the big one for the $200 million at St. Jo…
▶ 12:57
They're literally just swapping loans and then giving themselves a payday for doing it. The following year, federal regulators made them reverse the transaction because of all of its irregularities. In fact, Lincoln's chairman, Andre Niblin…
▶ 14:24
In turn, San Joaquino lent $36 million, about half of it, to Charles Keating and Lincoln Partnership on Hotel Pontchartrain in Detroit. San Joaquino later foreclosed on the hotel after Keating's partnership defaulted on the loan. Charles Ke…
▶ 14:51
because the bank was just prior to foreclosure. Now, nobody like Phillips throws away millions of dollars to a known mobster like Beebe, unless he's told to do so. There's evidence to indicate that. In 1983, Southmark bought San Joaquin Sav…
▶ 15:19
A mob associate from Chicago, Joseph Groves, G-R-O-S-E, came in to make all of the big loan decisions. Anderson, who was Bebe's partner, said they dealt primarily with Groves in their transactions with Southmark. While Southmark, and rememb…