State Of Washington, V. Elle Barksdale Loe

CourtCourt of Appeals of Washington
DecidedJanuary 13, 2025
Docket84745-7
StatusUnpublished

This text of State Of Washington, V. Elle Barksdale Loe (State Of Washington, V. Elle Barksdale Loe) is published on Counsel Stack Legal Research, covering Court of Appeals of Washington primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
State Of Washington, V. Elle Barksdale Loe, (Wash. Ct. App. 2025).

Opinion

IN THE COURT OF APPEALS OF THE STATE OF WASHINGTON

STATE OF WASHINGTON, No. 84745-7-I Respondent, DIVISION ONE v. UNPUBLISHED OPINION ELLE BARKSDALE LOE,

Appellant.

HAZELRIGG, A.C.J. — Elle Barksdale Loe appeals from her jury conviction

for two counts of theft from a vulnerable adult in the first degree and two counts of

securities fraud. She asserts that reversal is required based on a number of

erroneous evidentiary rulings before and during trial. Loe further contends the trial

court erred in the imposition of interest on the restitution award it issued at

sentencing. As to the evidentiary issues, we disagree and affirm, however we

remand for the court to apply the statutory factors regarding interest on restitution.

FACTS

Elle Barksdale Loe came into contact with Morris Gorelick through her

mother, Bonnie Anderson, who had been Morris’ live-in caretaker for several years

following the death of Morris’ wife. 1 After Loe lost her marketing job for a restaurant

in 2016, she sought to expand her own pre-existing business and continued to

1 Several people involved with this case share the same last name. We refer to the defendant by her last name, but use first names for several other witnesses and involved parties for the sake of clarity and precision. No disrespect is intended. No. 84745-7-I/2

work in marketing. In this capacity, she assisted several clients with updating their

business branding, producing marketing materials, and assisting with campaigns

on social media. After two years, Loe sought to expand her business to include

co-marketing deals with reality tv personalities to sell a number of products,

including eyewear and sleepwear. Seeking investment capital, Loe approached

Morris for funds to expand her business in 2018. At the time, Morris was 97 years

old and had owned and operated several businesses over the course of his

working life. Morris’ daughter, Paula Gorelick, had been present when Loe initially

proposed the investment to Morris and had cautioned him not to contribute more

than $25,000.

In May 2018, Loe and her then-husband, Trevor Loe, drafted a contract to

clarify that, in exchange for his $100,000 investment, Morris would be entitled to

15 percent of all sales until he had been repaid 125 percent of his investment

amount. After that, he would receive 2.5 percent of sales for three years. The

contract further established that, if Morris did not receive the 125 percent return on

his investment within three years, he would receive 20 percent equity ownership

in the business. Trevor helped prepare the contract and is identified in the

document as the chief financial officer (CFO) of the company, but was not present

when Loe and Morris signed it. 2 Morris had granted powers of attorney to Paula,

and she had been helping him with various financial tasks for some time, but she

did not review the initial contract between Loe and her father. Morris wrote Loe a

check for $100,000, dated May 16, 2018, to help get her business going. Loe did

2 Trevor was offered immunity from prosecution in exchange for his testimony at trial.

-2- No. 84745-7-I/3

take steps to launch the new venture; she met with suppliers and contracted with

various web designers, photographers, stylists, and models. These efforts

resulted in a few social media pages, web pages, and a bus wrap advertising one

of the products. However, sales ended in August 2018.

Shortly thereafter, Loe offered Morris a promissory note in exchange for a

loan to her and Trevor in the amount of $210,000. Morris explained that he would

not be making any loans to Loe, because he was only interested in making

investments. In September 2018, Loe and Morris executed a second contract

which deemed Morris a silent partner to Loe in exchange for his $450,000

investment and entitled him to 20 percent of the annual profit. It further noted that

Morris would receive a 47 percent equity ownership if his investment was not

repaid within four years. This contract also listed Trevor as the CFO, but he did

not sign the agreement. Trevor filed for divorce from Loe shortly before the second

contract was executed.

The following month, Morris opened a joint credit card with Loe. During his

call to the credit card company, the representative heard a woman in the

background who they believed was coaching Morris through the request. The

representative contacted the Bellevue Police Department (BPD) to report their

concerns. After BPD visited Morris at home to investigate, Loe’s mother contacted

Paula to advise that she may receive a phone call from police, but advised her to

“just say it’s alright.” Morris told Paula substantially the same thing, so that is what

she later told police. Paula had discussed earlier concerns about the contracts

with her brother, Brian Gorelick, and in December 2018, Morris’ friend and

-3- No. 84745-7-I/4

investment advisor, James Parsons, prepared a financial power of attorney (POA)

document that immediately established Paula as her father’s attorney in fact. In

the event that Paula resigned from that role, authority would fall to Brian and then

to Morris’ other son, Kenneth Gorelick. Parsons, a business attorney who had

known Morris for many years, had no concerns about Morris’ capacity to execute

the POA.

Morris received a check for $15,000 from Loe in February 2019 with a

memo that suggested the check was for his share of the business profits for “QTR

6.” Business records would later establish that the venture had only generated

$9,800 by the time the check was issued, which did not comport with the amount

Morris received from Loe based on the terms in the contract. Paula later said that

Morris declined to deposit the check so that Loe could continue to use the funds

to build her business.

By May 2019, Morris’ children had changed their responsibilities under the

POA; Paula resigned and Kenneth took over as attorney in fact. Kenneth was

concerned about the terms of the agreements with Loe and the amounts Morris

was contributing to her business. He e-mailed Loe several times with questions

about the business relationship and investment transactions. Loe eventually

stopped responding. Later that month, Kenneth recorded a conversation with his

father, with Morris’ express permission, during which they discussed the family’s

concerns about Morris’ transactions with Loe. The day after this recorded

conversation, Anderson took Morris to Trevor’s apartment where Loe typed what

was purported to be a transcript of Morris’ oral statements. While the document is

-4- No. 84745-7-I/5

titled “Elle Barksdale & Company LLC Governing Documents,” much of the content

consisted of editorial commentary on the concerns raised by Morris’ children, Loe’s

intentions regarding the business and her relationship with Morris, and other

matters not typically associated with the governance of a business entity. It did,

however, indicate that Morris gave Loe another $350,000 for “working capital” and

specifically noted that she was permitted to use these funds

for to [sic] pay for anything she deems necessary to help aid her business in continued / further success.

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