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Three arrested in L.A. Coliseum scandal, D.A.'s office says

March 22, 2012 |  9:57 am

Patrick Lynch and Todd DeStefano
Two former Los Angeles Memorial Coliseum executives and the chief executive of a rave company were arrested Thursday morning by investigators from the Los Angeles County district attorney's office.

The charges were not immediately disclosed. The executives have been the subject of multiple local, state and federal investigations over their financial activities.

Jane Robison, a spokeswoman for Dist. Atty. Steve Cooley, said authorities arrested Patrick Lynch, the former longtime general manager of the Coliseum and the companion Sports Arena, at his home in Torrance. Todd DeStefano, former events manager at the Coliseum, was arrested at his friend's home in Venice. Authorities also arrested Reza Gerami, chief executive of the rave promotion company Go Ventures, at his home in Malibu.

The Coliseum has been embroiled in scandal for more than a year since The Times began reporting on questionable financial activity.

The Coliseum had become mired in conflicts of interest, spending irregularities and loose accounting that eroded its fiscal foundation and had all but bankrupted its future as one of the nation's most-storied public landmarks.

Lynch resigned in February 2011 after The Times began a series of reports on the Coliseum's finances. He and DeStefano, who quit shortly before the first story appeared, have been the subjects of a criminal investigation by county prosecutors involving alleged kickbacks and self-dealing. State regulators and the Los Angeles city controller's office have also launched inquiries.

Three other Coliseum managers and employees have gone on leave or left the stadium's employment after The Times' investigation questioned the propriety of their financial dealings. All have denied wrongdoing.

RELATED:

Coliseum manager resigns amid rave controversy

Coliseum Commission again meets behind closed doors on USC deal

Coliseum Commission sues former managers, saying they 'siphoned' money

-- Andrew Blankstein, Paul Pringle and Rong-Gong Lin II

Photos:  Patrick Lynch, left, in 2009. Todd DeStefano, right, in February. Credit: Mel Melcon, Ricardo DeAratanha / Los Angeles TImes

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