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Articles Tagged With ‘Banks’




Grover Beach man pleads guilty to loan fraud

Written on 29 Jan, 2013 in Daily Briefs, Featured | 7 comments

A Grover Beach man and his brother pled guilty last week to committing loan fraud to fund their music business and a singer in a rock bands lavish life style. Jason Salazar, 28, of Grover Beach and Matt Salazar, 29,... (Continue reading)

San Luis Obispo facing more bank employee layoffs

Written on 16 Dec, 2012 in Daily Briefs, Featured | One comment

PacWest’s proposed purchase of First California Bank is slated to result in the closure of one branch in San Luis Obispo and more banking sector job losses. PacWest Bancorp recently signed an agreement to purchase First California Financial Group for... (Continue reading)

Union Bank to lay off up to 400 Central Coast employees

Written on 29 Nov, 2012 in Daily Briefs, Featured | 18 comments

Union Bank officials are heading up the coast from Santa Barbara, through San Luis Obispo County to Monterey, handing out layoff notices to hundreds of Santa Barbara Bank & Trust employees at 14 branches, several employees said. Union Bank’s purchase... (Continue reading)

Cayucos teen accused of armed bank robbery

Written on 15 Nov, 2012 in CalCoast Forum, Daily Briefs | 3 comments

A 17-year-old Cayucos male was arrested for allegedly robbing the Morro Bay branch of Founders Bank on Wednesday. Shortly before 4:30 p.m., the armed robber, wearing a hooded sweat shirt and a bandana covering his face, demanded a teller give... (Continue reading)

Bank mortgage settlements slow

Written on 15 Nov, 2012 in Daily Briefs, Featured | 7 comments

Big banks nationwide are scrambling to comply with terms of a $20 billion mortgage settlement with homeowners, but only Bank of America has revealed details of progress with 164,000 of its customers. (San Francisco Chronicle) Officials of BofA said Wednesday... (Continue reading)

Follow the rules, forfeit your home

Written on 3 Oct, 2012 in Featured, Uncovered SLO | 65 comments

By DANIEL BLACKBURN Campbell (Cam) Carroll came very close to losing his home to foreclosure earlier this month to people he’d never heard of, the forced sale auction halted only by a last-minute restraining order issued by a San Luis... (Continue reading)

Nipomo man accused of embezzling $50 million

Written on 1 Oct, 2012 in Featured, Uncovered SLO | 52 comments

By KAREN VELIE A Nipomo business owner is accused of forging numerous loan documents as part of a more than $50 million fraud scheme he allegedly implemented against three local banks, business associates and several members of his family, sources... (Continue reading)

Bank accused of harassing Shell Beach couple

Written on 3 Aug, 2012 in Featured, Uncovered SLO | 32 comments

By KAREN VELIE Following years of allegedly being bombarded with no less than 75 collection calls a week, an elderly Shell Beach couple has filed a lawsuit against JPMorgan Chase. Not long after JPMorgan Chase began servicing John and Anna... (Continue reading)

Down the rabbit hole with Golden 1

Written on 5 Jul, 2012 in Featured, Opinion | 4 comments

OPINION By HILARY GRANT It’s not a pretty thought, but here goes, just the same: when I heard that an armed thug had handily made off with $4,000 from The Golden 1 Credit Union in SLO in May, I knew... (Continue reading)

Crack down on SLO County identity theft rings

Written on 16 Jun, 2012 in Daily Briefs, Featured | 29 comments

The San Luis Obispo County operators of two high-tech bank scam operations that ripped off hundreds of Chase Bank customers over the last three years are winding their way through the court system as the result of a crackdown by... (Continue reading)