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

Reality TV show plans to mine gold in Nome

But its San Diego principal hangs up on Bauder

From Rivers of Gold Facebook page. The minimum investment is $50,000.
From Rivers of Gold Facebook page. The minimum investment is $50,000.

You can go online and bring down all kinds of information on Rivers of Gold, a limited partnership which intends to mine for gold in Nome, Alaska and put on a reality TV show about gold mining in that frigid atmosphere. (Environmentalists are protesting the project.) The general partner, Intelligent Practices, has other plans, such as selling merchandise related to the show.

David Sao Marcos "will be on our Alaska operations site for extended periods during the gold mining.”

According to the information online, the producer of the TV show will be Kupcinet Productions, which has had such successes as Judge Judy, That’s Incredible!, The Dating Game, and Entertainment Tonight.

This is a special offering with lots of risks — including gold mining and and producing reality TV shows, the investment material confesses. The minimum investment is $50,000.

The person with the titles of Partner in Communications and TV Show Talent Director is San Diegan David Sao Marcos. Says the promotional material, “David has worked closely with the principals developing the Rivers of Gold Reality TV Show personnel…he will be on our Alaska operations site for extended periods during the gold mining,” and will obtain celebrity talent and help out with the marketing of merchandise.

But for somebody in the communications business, he is no bubbly personality. I called for more information about the mining and reality TV show. Sao Marcos: “We are not discussing our business with anybody other than investors.” Then he hung up.

Sao Marcos attended Southwestern College 1986-1988.

Before going into the gold mining/reality TV business, he was with several brokerage houses. According to records of the Financial Industry Regulatory Authority, he had two black marks. In one case he was charged with fraudulent misrepresentation, negligence, breach of fiduciary duty and violation of New York Stock Exchange Rules. The complainant asked for $3 million and got $750,000.”It was settled without my allowing to clear myself,” he said at the time. In another case, the complainant asked for $7,580 and got $4,999. The brokerages he worked for had problems. FINRA shut down GunnAllen Financial for lack of capital. Brookstreet Securities closed its doors after suffering heavy losses. Later, a judge ordered the brokerage’s chief executive to pay $10 million in a securities fraud case. After Brookstreet had closed down, FINRA charged six of its former brokers for selling complex mortgage-backed securities to naive investors who were unaware of the risks.

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

Previous article

Our Lady Peace, Taste of Cardiff

Events December 5-December 8, 2021
Next Article

Documenting KGB’s FM Radio Revolution

“At the end, people got cardboard boxes on their desks”
From Rivers of Gold Facebook page. The minimum investment is $50,000.
From Rivers of Gold Facebook page. The minimum investment is $50,000.

You can go online and bring down all kinds of information on Rivers of Gold, a limited partnership which intends to mine for gold in Nome, Alaska and put on a reality TV show about gold mining in that frigid atmosphere. (Environmentalists are protesting the project.) The general partner, Intelligent Practices, has other plans, such as selling merchandise related to the show.

David Sao Marcos "will be on our Alaska operations site for extended periods during the gold mining.”

According to the information online, the producer of the TV show will be Kupcinet Productions, which has had such successes as Judge Judy, That’s Incredible!, The Dating Game, and Entertainment Tonight.

This is a special offering with lots of risks — including gold mining and and producing reality TV shows, the investment material confesses. The minimum investment is $50,000.

The person with the titles of Partner in Communications and TV Show Talent Director is San Diegan David Sao Marcos. Says the promotional material, “David has worked closely with the principals developing the Rivers of Gold Reality TV Show personnel…he will be on our Alaska operations site for extended periods during the gold mining,” and will obtain celebrity talent and help out with the marketing of merchandise.

But for somebody in the communications business, he is no bubbly personality. I called for more information about the mining and reality TV show. Sao Marcos: “We are not discussing our business with anybody other than investors.” Then he hung up.

Sao Marcos attended Southwestern College 1986-1988.

Before going into the gold mining/reality TV business, he was with several brokerage houses. According to records of the Financial Industry Regulatory Authority, he had two black marks. In one case he was charged with fraudulent misrepresentation, negligence, breach of fiduciary duty and violation of New York Stock Exchange Rules. The complainant asked for $3 million and got $750,000.”It was settled without my allowing to clear myself,” he said at the time. In another case, the complainant asked for $7,580 and got $4,999. The brokerages he worked for had problems. FINRA shut down GunnAllen Financial for lack of capital. Brookstreet Securities closed its doors after suffering heavy losses. Later, a judge ordered the brokerage’s chief executive to pay $10 million in a securities fraud case. After Brookstreet had closed down, FINRA charged six of its former brokers for selling complex mortgage-backed securities to naive investors who were unaware of the risks.

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

A People’s Cuban Christmas Tale, Hirie and Tribal Theory, Snow N Glow Holiday Festival

Events December 2-December 4, 2021
Next Article

A 41-minute Night Parade of One Hundred Demons

Earthless, Heather Nation, Donna Larsen, X-Offenders, Stone Temple Pilots
Comments
2

There's some misinformation from Sao Marcos. For example, "The Dating Game" was produced by Chuck Barris Productions. On IMDb.com, there's NO mention of Kupcinet Productions being involved with that show. "Judge Judy" on IMDB.com shows that Jerry Kupcinet directed some of its episodes. Kupcinet also directed two episodes of "The Richard Simmons Show" back in the 1980s. I didn't find any connection of Kupcinet with "Entertainment Tonight." No wonder Sao Marcos doesn't want to talk. He's full of it! Beware of this snake oil salesman.

May 18, 2018

dwbat: I got the info from the Wikipedia entry on Kupcinet, as well as the Rivers of Gold info. Maybe there is confusion between "directed" and "produced," Kupcinet's father, Irv Kupcinet, had a column in the Chicago Sun-Times for years and was on radio a lot, such as during Chicago Bears games. Best, Don Bauder

May 18, 2018

Sign in to comment

Sign in

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 Letters — Our inbox [email protected] — 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 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