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Rip-Off Report

Fraudulent companies and individuals are a growing concern in today’s world. They use various tactics to deceive people and extract money from them. We have compiled a list of different encounters with fraudulent companies or individuals along with the evidence and documents we have gathered. Our aim is to help people identify these scams and avoid falling prey to them. We believe that by sharing our experiences, we can bring more awareness to the local Hawai’i community and create a safer business environment for everyone.

Lawrence Stogdell, Eric J. Schwager & APC Development Partners, LLC

Lawrence “Larry” Stogdell

(October 4, 2017)

Securities Commissioner Orders Lawrence Stogdell and Companies to Cease and Desist Sale of Securities in Aloha Pacific Center.

The Department of Commerce and Consumer Affairs’ (DCCA) Commissioner of Securities issued a Preliminary Order to Cease and Desist and Notice of Right to Request a Hearing against Lawrence Stogdell and his companies Haumea Funding, LLC, Haumea Holdings, LLC, L.A. Anuenue, LLC, and L.A. Anuenue Holdings, LLC (Respondents), for violating state securities laws.

The order asserts, beginning in 2007 through 2011, Respondents sold at least $2.3 million of investments in an ostensible real estate project that Stogdell was purportedly developing called the “Aloha Pacific Center” (fka Haumea Professional Center). Respondents claimed that the investments were secured by ground leases on the property to be developed in Kapolei and guaranteed by Stogdell and his development company, L.A. Anuenue, LLC.

We were among the group of investors defrauded by  Lawrence Stogdell and APC Development Partners, LLC. Here is an email from the result of the investigation, the Commissioner of Securities of the State of Hawaii regarding the result of the investigation

Here is a summary of the timeline of events that transpired in the past years.

Emails from May 2016:

Emails from September 2016:

Emails from November 2016:

Emails from January 2017:

Emails from September 2023:

Emails from May 2024: