Khemraj Dave Hardat and his wife Cecilia registered two of their three children at Calvary Christian School for the 2015-2016 school year. The family, which had recently moved from Florida, appeared to be well-off.
Where did Hardats money come from? Thats not a question one usually poses to a new parent at a school, but parents learned that he was allegedly a beverage executive. More than one family at Calvary knew he supposedly had a pending deal with PepsiCo and Dr. Pepper for his water company, 04 Worldwide Holdings, which included his triple oxygenated Calo4nia water.
Shortly after school started, Hardat performed a demonstration of his water to an eighth-grade Calvary science class. He even brought the water to a flag football game. A parent, R.S., later told Circling the News, It didnt taste any different.
No one questioned Hardats credentials, which alleged to include a Ph.D. from Yale. No one questioned his company. The man obviously had money because he drove a Lamborghini (about $200,000) and his wife Cecilia drove a 2015 Maserati Quattroporte S Q4 (prices start at $108,700).
The family of five was living at the Ritz-Carlton Residences at LA Live in downtown Los Angeles, where three-bedroom rentals go for $11,250 a month and three-bedroom condos range in price from $3.2 to $7.75 million with the following amenities: rooftop swimming pool, fitness center, spa & salon, screening room, access to Ritz Carlton Hotel Service, complimentary breakfast, 24-hour full-service concierge, housekeeping services and secure parking.
Hardat, 50, also had a suite at Staples Center. According to a July 2015 L.A. Times story (Suite Rental Companies Make Premium Sports Experiences More Attainable) those suites for the Kings, Lakers and Clippers start at $300,000.
According to R.S. and other school families, the Hardats invited school administrators and parents to events at Staples. There were also school/birthday parties at the Ritz Carlton.
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According to a U.S. Attorneys office, Hardat had allegedly defrauded at least seven victims into wiring him more than $5 million. Two of them were Calvary families, and one family apparently played an essential role in Hardats undoing.
https://www.circlingthenews.com/pacific-palisades-residents-scammed/