Poorsina v. Tseng

District Court, N.D. California·Decided January 12, 2022·No. 3:20-cv-09122·Unknown

Opinion

UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF CALIFORNIA OAKLAND DIVISION

ALI R. POORSINA, Case No: 20-cv-09122 SBA Plaintiff, ORDER: (1) GRANTING MOTION TO SET ASIDE THE ENTRY OF vs. DEFAULT; (2) DENYING MOTION FOR DEFAULT JUDGMENT; AND TAN TSENG, et al., (3) DENYING MOTION TO Defendants. Dkt. 34, 37, 40, 59 Plaintiff Ali R. Poorsina (“Plaintiff” or “Poorsina”), proceeding pro se, brings the instant action against Defendants Tan Tseng (“Tseng”), Terrenz Kukant Cam (“T.K. Cam”), Boi Anh Hong (“Hong”), and Kevin Tu Cam (“K.T. Cam”) (collectively, “Defendants”). Default has been entered against Tseng, T.K. Cam, and Hong but not K.T. Cam. Presently before the Court are: (1) Plaintiff’s motion for default judgment against Defendants; (2) Tseng’s motion to set aside the entry of default, in which T.K. Cam and Hong join; and (3) Tseng’s motion to consolidate this action and Natalya Baranchuk v. Steppingstone Assets Group, LLC, Case No. 21-cv-00274-KAW (the “Baranchuk Action”), in which T.K. Cam and Hong also join. Having read and considered the papers filed in connection with these matters and being fully informed, the Court hereby: (1) GRANTS the motion to set aside the entry of default against Tseng, T.K. Cam, and Hong; (2) DENIES the motion for default judgment; and (3) DENIES the motion to consolidate this and the Baranchuk Action. The Court, in its discretion, finds these maters suitable for resolution without oral argument. See Fed. R. Civ. P. 78(b); N.D. Cal. Civ. L.R. 7-1(b). Plaintiff previously “owned and occupied the single-family residence located [at] 1563 2[8]th Avenue, San Francisco, California 94122 (the ‘Property’).” Compl. ¶ 4, Dkt. 1.1 It appears Plaintiff defaulted on his mortgage and the mortgage holder instituted foreclosure proceedings and sold the property at public auction. See id. ¶ 2. Plaintiff alleges that, “[b]eginning as early as June 2011 and continuing until in or about March 2019,” Defendants “entered into and engaged in a combination and conspiracy to suppress and retrain [sic] competition by rigging bids to obtain over 47 selected properties offered at public auctions in San Francisco and San Mateo counties ….” Id. ¶ 10. Defendants “agree[ed] to refrain from or stop bidding against each other to purchase dozens of selected properties … at non-competitive prices.” Id. ¶ 11. It appears the selected properties included Plaintiff’s Property. Id. ¶ 3 (alleging that, on September 7, 2017, Tseng bid $1,235,200 on the Property). The allegations of the Complaint are not a model of clarity. It appears, however, that the purported illicit activities involved transferring property titles to alleged co- conspirators (some of whom—K.T. Cam and Hong—are named as defendants). See id. ¶¶ 7-9. Defendants allegedly defrauded financial institutions by using co-conspirators as borrowers to fraudulently obtain loans secured by other rigged properties. Id. Regarding the named defendants, Plaintiff alleges that Tseng is the sole member of Steppingstone Assets Group LLC (“Steppingstone”), which is sometimes involved in the purchase of properties. Id. ¶¶ 5, 9. Tseng and T.K. Cam, who are husband and wife, purchased properties at public auction. Id. ¶ 6. K.T. Cam and Hong are “co-conspirators” who “fraudulently became titles [sic] holders of rigged properties [and] acted as borrowers [sic] applied for Fannie Mae wholesale loans from different financial institutions.” Id. ¶ 7.

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