A former Ladera Ranch Bank of America appraiser's lawsuit over overtime pay has been certified as a class-action case by U.S. District Court Judge David O. Carter in Santa Ana, according to an attorney representing the plaintiffs.
Federal authorities are trying to find Hye Ran Lee, who along with 14 others is accused of being part of a large-scale, bank account "bustout" scheme that is claimed to have victimized major financial institutions across Southern California for at least $15 million. Lee, 30, of Irvine, had been amo ... More >>
Charles Keating Jr., who parlayed running Irvine-based Lincoln Savings & Loan into a starring role as poster boy of the savings and loan crisis of the late-1980s, has died, his family announced. He was 90. Keating died late Monday at a Phoenix hospital; the cause of death was not released. Keating ... More >>
Remember the Snowboarder Bandit? Better yet, remember Navel Gazing's Snowboarder Bandit Fashion Show?
In December 2010, a Sunset Beach woman got a terrible surprise when she went to a Huntington Beach branch of U.S. Bank to pay off her mortgage and discovered that three weeks earlier a stranger had emptied her account of more than $610,000.According to court records, an FBI investigation determined ... More >>
It's getting so you can't keep track of the Igor Olenicoff lawsuit related to his investments with UBS AG bank without a scorecard.In the latest twist, the billionaire who lives in Laguna Beach and oversees Olen Properties real estate in Newport Beach is being sued by the bank employee who helped hi ... More >>
Bradley Birkenfeld helped the wealthy dodge taxes, went to prison and is now reportedly getting $104 million from the IRS for whistleblowing on some clients. Among them: billionaire Igor Olenicoff, who lives in Laguna Beach and oversees Olen Properties real estate in Newport Beach. Interestingly, Ol ... More >>
It was a no-brainer decision for Buena Park resident Stephanie Vinson that come delivery time, she would donate her baby's valuable umbilical cord blood. The hospital where she worked and delivered, Long Beach Memorial Center, offered a public collection program, meaning a mother can donate her cord ... More >>
Billionaire Igor Olenicoff, who lives in Laguna Beach and oversees Newport Beach-based Olen Properties, lost his bid in federal court to blame Swiss bankers for his guilty plea to felony tax evasion. In a 28-page decision tossing Olenicoff's suit against Zurich-based UBS AG, Judge Andrew J. Guilford ... More >>
I hope the man dubbed by the FBI the "Dying Son Bandit" really does have a son who is dying.Wait, that didn't come out right. I don't hope anyone is dying. Actually, that applies to most people. But I hope the bank robber who tells tellers he is only taking cash from them because of his son's med ... More >>
UPDATE, JUNE 28, 2 P.M.: Sentences totaling 13 years for convictions in two cases have been given to Kenneth Joseph Lucas II, the "kingpin" of an international "phishing" operation that used spam e-mails and bogus websites to collect personal information used to defraud American banks. The 27- ... More >>
Taxes must be suffering from battered women's syndrome about now. We're all like, "Aw come on, baby. You know I loves ya," Then--BAM!--corporations and rich people rap taxes upside the head, saying they ain't returning to Clinton-era levels. Then we get all lovey-dovey again and--WHAM!--House Rep ... More >>
When federal indictments were announced in the fall of 2009 as part of Operation "Phish Phry," a multinational investigation conducted in the United States and Egypt that led to charges against 100 people, it was hailed as the largest number of defendants ever charged in a cybercrime case. Fiv ... More >>
Little Saigon's First Vietnamese American Bank, which as the name suggests opened five years ago as the first U.S. bank with a core clientele of Vietnamese immigrants, was shut down by regulators Friday night.The bank at 8990 Westminster Blvd., Westminster, reopened today under new management an ... More >>
The reckless greed of Wall Street banks such as Chase and Bank of America has wrecked the American economy and kill American jobs, claims the Orange County Labor Federation, which leads noontime rallies today in front of branches of both banks in Santa Ana.
Top left: FBI; bottom left: LABankRobbers.org"Red Sharpie Bandit" (above) and "Blue Note Bandit" terrorize local banks.It's a good thing the FBI believes it has captured the so-called "Red Sharpie Bandit."Who knows what kind of evil would have been wrought had he joined forces with a fellow bank ... More >>
No, not that kind of fish fry. Congratulations, Orange County! Some of your residents were among today's arrestees in the largest cyber crime case of its kind. "Operation Phish Phry," the first joint cyber investigation between Egyptian law enforcement authorities and United States of ... More >>
Amid President Barack Obama's vow to end off-shore tax breaks for U.S.-based multinational corporations and individuals within a decade, billionaire Igor Olenicoff, who owns homes in Laguna Beach and Florida, says from his Newport Beach office that his Swiss bankers led him to lie about his foreign ... More >>
d70focus / FlickrWherever white-collar crimes happen, Irvine's aisles of nameless, indistinguishable boxy office buildings will somehow be involved. Exhibit #3945: the case of "The Analyst," a.k.a. Israeli hacker Ehud Tenebaum.Tenebaum hacked the Pentagon as a teenager, and then went to work as a go ... More >>
The Orange County Bank Robbery Task Force is seeking the public's help in identifying an armed bank robber authorities have dubbed the "Hazmat Bandit" due to his attire: a white painter's jumpsuit, a white hat, boots and sunglasses.The unidentified man--described as white, in his fifties, with long ... More >>
Chapman University's annual economic forecast has been known to be overly sunny, but even this year's had to acknowledge that it'll suck huevos through the end of the next year. However, as they faced a crowd of 1,200 huddled in the Orange County Performing Arts Center on Tuesday, Esmael Adibi and ... More >>
In these days of horrible news, something great: Chapman University School of Journalism professor Susan Paterno successfully defender herself against a libel and defamation suit filed by Wendy McCaw, the controversial owner of the Santa Barbara News-Press and a rag owner that makes Hearst look like ... More >>
An outlaw animal-rights group targets a local bank branch in its war on animal testing
Ever wonder what would happen if you locked an old woman in a bank safe? You have? Well then you're a sick individual. But lucky for you, Bank of America in Laguna Woods did lock a diabetic 73-year-old woman in a privacy room while she was checking her safe deposit box just yesterday. And what happe ... More >>
'Real-life Mexicans not only dont care about those stereotypes, they embrace them'
A brief history of two bad ideas
But he likes bankers, too