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Articles Tagged With ‘Banks’




Rabobank to pay a $373 million fine for money laundering for drug cartels

Written on 22 Jan, 2018 in Featured, Uncovered SLO | 25 comments

In what appears to be an attempt to avoid a criminal indictment, Rabobank is planning to pay a $373 million fine to the U.S. government for alleged money laundering for Mexican drug cartels, allegations first raised by an Arroyo Grande... (Continue reading)

SLO resident loses $20,000 after thief uses stolen wallet to cash out

Written on 7 Jul, 2017 in Daily Briefs, Featured | 9 comments

A day after losing a wallet, a San Luis Obispo resident lost a combined $20,000 from multiple bank accounts, according to SLOPD. Police are now searching for a suspected identity thief who made the cash withdrawals. On June 21, a... (Continue reading)

Heritage Oaks Bancorp proposed sale under scrutiny

Written on 13 Dec, 2016 in Daily Briefs, Featured | 5 comments

Shortly after Heritage Oaks Bancorp announced that Pacific Premier Bancorp of Irvine planned to acquire its banks through a $405.6 million stock transaction, a national attorney firm began questioning the logistics of the proposed deal. Heritage Oaks Bancorp has 12... (Continue reading)

Burglar cuts hole in Santa Maria bank wall, steals cash

Written on 4 Oct, 2016 in Daily Briefs, Featured | 12 comments

A burglar broke into a business adjacent to a Santa Maria bank early Monday morning. He then cut a hole in the adjoining wall, entered the bank, took money and escaped. At approximately 5:15 a.m., surveillance footage captured the burglar... (Continue reading)

Korean fraudster arrested for bank scam in Morro Bay

Written on 21 Jul, 2016 in Daily Briefs, Featured | 7 comments

Morro Bay police arrested a 60-year-old man for bank fraud earlier this month. The man is suspected of being a member of a Korean gang involved in a string of bank fraud scams. [KSBY] On July 12, Il Kwon Chung,... (Continue reading)

Grand Jury investigating Rabobank in money laundering probe

Written on 5 May, 2016 in Featured, Uncovered SLO | 16 comments

By KAREN VELIE A federal grand jury is questioning former and current employees of Rabobank branches in San Luis Obispo County as part of an investigation into allegations of money laundering for Mexican drug cartels. Beginning in about 2010, bank... (Continue reading)

San Luis Obispo bank robber on the loose

Written on 4 Jan, 2016 in Daily Briefs, Featured | 25 comments

San Luis Obispo police are looking for the man responsible for robbing a San Luis Obispo bank on Monday afternoon. [KSBY] At about 2:22 p.m., the man entered the Heritage Oaks Bank on Froom Ranch Way near Home Depot armed... (Continue reading)

Conspiracy theorist attacks banks, police and top corporation

Written on 9 Jul, 2015 in Daily Briefs, Featured | 34 comments

Armed with a sling shot and metal balls, a 26-year-old Morro Bay man allegedly opened fire on the windows of 11 bank buildings, as well as the San Luis Obispo Apple Store and the Morro Bay Police Department, during two recent... (Continue reading)

Who is breaking bank windows in SLO?

Written on 10 Jun, 2015 in Daily Briefs, Featured | 33 comments

An early morning vandalism spree left 10 San Luis Obispo banks and the local Apple store with broken windows Tuesday. Officers began responding to numerous vandalism calls at around 3 a.m., according to a police department news release. Investigators did... (Continue reading)

Feces-eating bank robber sentenced to seven years

Written on 9 Jun, 2015 in Daily Briefs, Featured | 20 comments

A 40-year-old man who said the Virgin Mary ordered him to rob a San Luis Obispo bank and eat his own feces has received a seven-year prison sentence. [KSBY] San Luis Obispo Judge Donald Umhofer said during Monday’s sentencing hearing... (Continue reading)