70-year-old man arrested for robbing Cambria bank

November 21, 2013
Bruce Valentine

Bruce Valentine

A 70-year-old Paso Robles man was arrested on Wednesday morning for allegedly robbing a Rabobank in Cambria earlier this month.

San Luis Obispo County Sheriff’s deputies arrested Bruce Valentine after serving a search warrant at Valentine’s Heritage Ranch home.

On Nov. 7, Valentine allegedly robbed the bank at gunpoint, disguised in a mask.

Officers booked Valentine into the San Luis Obispo County Jail on suspicion of armed robbery. His bail is set at $250,000.


Inline Feedbacks
View all comments

Poor guy probably couldn’t make it on his 1.3% cost of living increase from social security. That along with the 1% interest on his CD at the bank and he has to rob to survive. Just kidding, the real criminals are the bankers. Fed dumps our $ in their banks at no interest and they dump it in the stock market! We get no interest on our savings plus our money is worthless thanks to the Fed. Who are the real criminals ? This guy was like a kid stealing gum balls in a candy store compared to the actions of our government and the banking industry

While I agree with you on the issue of banks acting criminally, I would disagree with you on your comparison of an armed gunman robbing a bank as a “kid stealing gum balls”; the bank clerks were definitely in harm’s way; even if the man knew exactly what he was doing and had the safety on, unless the gun wasn’t loaded, there was a possibility that someone could have gotten shot, whether it would have been accidental or on purpose, someone could have gotten hurt or killed. Mr. Valentine will most likely spend a great deal of the rest of his life behind bars, rightfully so.

I have to wonder if he had some sort of dementia /alzheimers episode. He has an otherwise decent history in the area as far as I know and this seems like highly uncharacteristic behavior from what I know of him.