Man defrauds two SLO banks with coin swapping scheme
February 8, 2013
A 48-year-old man defrauded Santa Barbara Bank Trust and Bank of America in San Luis Obispo this week by claiming rolls of pennies contained dimes and exchanging them for cash.
On Tuesday, Carl Bellenir entered the Santa Barbara Bank and Trust with a roll of pennies capped with dimes at the end. Bellenir told the teller that the rolls contained dimes and exchanged them for cash, according to San Luis Obispo police.
Around 10:19 a.m. Wednesday, Bellenir returned to Santa Barbara Bank and Trust and attempted the same scheme. But, an employee opened one of the rolls and called 911 to report the crime.
As officers responded, Bellenir went directly to Bank of America and successfully committed the same fraud.
An officer then located Bellenir a few blocks away from Bank of America on a bike. He had several more dime rolls filled with pennies.
Police arrested Bellenir for burglary and booked him in county jail on $20,000 bail.