modbee.com | The Modesto Bee A troubled past Couple behind millions in pledges has history of financial, legal problems

Modbee.com | The Modesto Bee: " troubled past
Couple behind millions in pledges has history of financial, legal problems


Tony Daniloo's DreamLife Financial mortgage firm in Modesto focuses on loans to low-income and minority groups.
TED BENSON/THE BEE







DreamLife Arena at California State University, Stanislaus.
DEBBIE NODA/THE BEE


Artist's rendering of the DreamLife Cancer Center at Emanuel Medical Center in Turlock.



Tony Daniloo in his office at the DreamLife Financial mortgage firm in Modesto
TED BENSON/THE BEE






By TODD MILBOURN
BEE STAFF WRITER

Last Updated: December 12, 2004, 04:45:56 AM PST
Tony and Nansi Masihi Daniloo, the Turlock couple behind millions of dollars in pledges to Emanuel Medical Center and California State University, Stanislaus, have a history of financial and legal troubles, including bankruptcies, late payments and accusations of fraud.
The Daniloos and Modesto-based DreamLife Financial made headlines in recent months by pledging $4.5 million for a cancer center and other projects at Emanuel, and $1 million for athletics at the university.
Emanuel and Stanislaus State happily accepted and publicly acknowledged the pledges. But neither Turlock institution did a background check on the donors.
Here are some of the items The Bee discovered:
When the pledges were announced, the Daniloos were involved in a Chapter 7 bankruptcy filed in Oakland, the third Nansi Masihi Daniloo had filed since 1998, the year before the couple married."