The obesity empire built by Julian and Michael Omidi comes under scrutiny by authorities after five deaths following Lap-Band surgeryIt's a Friday afternoon and the movie "Moneyball" is playing in a medical clinic waiting room at 9001 Wilshire Blvd. in Beverly Hills.
The waiting room of the Beverly Hills surgery clinic was teeming with customers on a recent Saturday, with many of the patients there for the weight-loss operation hawked on freeway billboards, bus placards, and TV and radio commercials across Southern California: 1-800-GET-THIN.
Amancio Ortega Gaona, already the world’s fourth-richest person based on the success of his Zara fashion retail stores, has quietly amassed a real estate empire worth as much as US$10-billion and is emerging as a formidable competitor for prime properties from London to Beverly Hills.
Relying on all-cash offers, he has outbid the world’s biggest institutional funds and professional property investors, such as Tishman Speyer Properties LP.
Beverly Hills' New Life Surgery Center, a clinic affiliated with the 1-800-GET-THIN ad campaign, loses its accreditation.A Beverly Hills outpatient surgery center affiliated with the 1-800-GET-THIN ad campaign has lost its accreditation, a step that prohibits the center from performing many surgeries.
Daniel Shin was accused of 'gross negligence' by regulators for treatment of a patient at a Beverly Hills clinic affiliated with the 1-800-GET-THIN ad campaign.An anesthesiologist faulted for his treatment of a patient who died after Lap-Band surgery at a clinic affiliated with the 1-800-GET-THIN ad campaign has been placed on five years' probation by the Medical Board of California.
Lap-Band's maker, Allergan, will no longer sell the device to facilities affiliated with the marketing campaign.The maker of the Lap-Band will no longer sell its product to clinics affiliated with the 1-800-GET-THIN marketing company — a blow to Southern California surgery centers that have built an empire implanting the weight-loss devices in people looking to shed pounds.
A second death linked by a coroner's report to the weight-loss surgery performed at a Beverly Hills clinic may prompt state regulators to take a closer look at the procedures marketed by TopSurgeons.The tragedy of Ana Renteria's life was in the way it ended: her body ravaged by infection 10 days after she had the Lap-Band weight-loss operation advertised on those billboards and radio spots bearing the phone number 1-800-GET-THIN .
A Hong Kong private equity firm that owns the Beverly Wilshire Hotel acquires the parcel at Wilshire and Santa Monica boulevards — last sold for $500 million — and plans to move forward with plans for a condominium and retail complex.The site of a former department store in Beverly Hills considered one of the most desirable pieces of real estate in the country sold for $148.3 million on Tuesday to investors from Hong Kong and Singapore.