Bank robbery reported in La Crescenta

45407-LA CRESCENTA BANK ROBBERY 9-9-10-thumb-300x512-45406.jpgLA CRESCENTA — A robber used a threatening note to rob a Bank of America branch Thursday, officials said.
The crime was reported about 1 p.m. at the Bank of America branch at 3141 W. Foothill Boulevard, Los Angeles County sheriff’s Lt. Robert Blume said.
The robber was described as a Latino man in his 30s, officials said. A surveillance photo released by the FBI shows the robber had a mustache and goatee and wore a white hat and striped, long-sleeved shirt.
He entered the bank and handed a threatening note to a teller demanding cash, Blume said.
After receiving an undisclosed amount of money, the robber was last seen leaving the area in a small, white, older-model sedan, the lieutenant added.
Deputies searched the area but did not locate the robber, he said.
The FBI, which handles bank robberies, is assisting the Los Angeles County Sheriff’s Department with the investigation.

Surveillance camera image courtesy of the FBI.

Arcadia man jailed on suspicion of attempted bank robbery

ARCADIA — Police jailed a man Thursday after a failed bank heist in Arcadia who may be responsible for another local bank robbery last month, police said.
Homan Zhang, 24, of Arcadia was booked on suspicion of robbery in connection with the attempted robbery, which was reported shortly after 11 a.m. at Citibank, 100 S. 1st Avenue, Arcadia police officials said.
He allegedly entered the bank and handed a teller a note demanding money, Sgt. Dan Crowther said.
“The teller essentially walked away,” he said.
Zhang then walked out of the bank empty-handed and was arrested nearby, the sergeant said.
A robber with the same description used similar tactics to successfully hold up a bank of America Branch, 180 N. Santa Anita Avenue, about 4:10 p.m. on Aug. 17, officials said, and it’s believed that Zhang is responsible for that robbery as well.
After presenting a teller with a demand note and threatening to be armed with a gun, the crook fled the area with an undisclosed amount of cash.
According to sheriff’s booking records, Zhang was being held in lieu of $100,000 bail at the Arcadia Police Department jail and was due for arraignment Tuesday in Pasadena Superior Court.

Photo of Arcadia bank robber released

44561-ARCAIDA BANK ROBBER 8-17-10-thumb-300x398-44560.jpgARCADIA — Police asked the public’s help Wednesday identifying a man who robbed a Bank of America Branch in Arcadia, authorities said.
The crime took place jut after 4:10 p.m. Tuesday at the branch at 180 N. Santa Anita Avenue, Arcadia police Sgt. Mike Castro said.
“Preliminary investigation revealed the (robber) entered the bank and presented a demand note for money while threatening to have a gun,” Arcadia police Sgt. Tom Le Veque said in a written statement.
After receiving cash, the robber fled in an unknown direction, he added.
Police described the robber as an Asian man between 20 and 30 years old, about 5 feet 6 inches tall and 140 pounds. He has brown eyes, a thin mustache and goatee and acne on his cheeks.
He was last seen wearing a black baseball cap, black-frame glasses, shorts and a black T-shirt.
“This suspect should be considered armed and dangerous,” Le Veque said. Anyone with information is asked to call Arcadia police at 626-574-5150.

*Surveillance photo courtesy of the FBI.

Bank robbery reported in Alhambra

ALHAMBRA — Three robbers escaped with an undisclosed amount of cash following a takeover-style robbery Friday at an Alhambra bank, police said.
The crime occurred about 10:10 a.m. at the East West Bank, 1211 E. Valley Blvd., Alhambra police Lt. Jennifer Wiese said.
The robbers were described as three black men in their late 20s or early 30s, police said. They were between 5 feet 10 inches tall and 6 feet tall and wore ski masks.
At least two of the robbers were armed, Sgt. Joe Flannagan said. One had a shotgun and another had a handgun.
“The suspects entered the bank, approached the teller and demanded currency,” Wiese said.
The robbers were “very rude” and pushed customers and pushed people around inside the bank, he added.
In addition to at least one teller, the robbers also helped themselves to an unknown amount of cash in the bank’s vault, Flannagan said.
No getaway car was seen, police said, and no one at the bank was injured in the robbery.
Police were looking into the possibility that Friday’s robbery was the work of a group of violent serial bank robbers dubbed “The 20 Questions Bandits” by the FBI, Flannagan said, but it was too early in the investigation to know for certain.
The team of bandits is believed to be responsible for at least 10 bank robberies throughout Southern California. The FBI has offered a $100,000 reward for his arrest.

Bank robbery reported in Altadena

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ALTADENA — A robber used a note to steal cash from a bank teller early Thursday, sheriff’s officials said.
The crime occurred about 10 a.m. at Chase Bank, 2333 N. Lake Avenue, Los Angeles County sheriff’s Sgt. John Stanley said.
A robber described as a black man in his 40s, between 6 feet 2 inches and 6 feet 4 inches tall, and about 200 pounds, the sergeant said. He was bearded and wore all black clothing.
He used a note to demand cash from a teller, while gesturing as if he had a weapon, Stanley said. No weapon was seen.
The robber was last seen running southbound from the bank with a “large amount” of stolen cash, he added.
PHOTO: courtesy of the FBI

Bank robbery reported in Arcadia

ARCADIA — A robber escaped with an undisclosed amount of cash Tuesday after robbing a Bank of the West branch, police said.
The heist was reported about 2:20 p.m. at the bank located at 1155 W. Huntington Drive, Arcadia police officials said.
The robber used a demand note to rob a teller of cash and was last seen fleeing the area on foot, he said.
No further details were available late Wednesday.

What to do when your bank gets TARP money? Go to Vega$

That’s what execs at Wells Fargo want to do.

Here’s a take from USA Today’s On Deadline Blog:

Last fall, Wells Fargo bank received $25 billion from the federal bailout fund.

Last week, the bank reported losing $2.83 billion in the final three months of 2008.

Yesterday the bank reported it would pay a $371.5 million dividend to U.S. Treasury for the 25,000 preferred shares of stock purchased with the $25 billion.

Today it’s reported that WF is planning corporate junkets to Las Vegas casinos this month.

From the Associated Press:

Wells Fargo, once among the top U.S. writers of subprime mortgages, has booked 12 nights at the Wynn Las Vegas and its sister hotel, the Encore Las Vegas beginning Friday, said Wynn spokeswoman Michelle Loosbrock. The hotels will host the annual conference for company’s top mortgage officers.

The conference is a Wells Fargo tradition. Previous years have included all-expense-paid helicopter rides, wine tasting, horseback riding in Puerto Rico and a private Jimmy Buffett concert in the Bahamas for more than 1,000 employees and guests.

Now the whole thing is being reconsidered, according to Bloomberg:

Feb. 3 (Bloomberg) — Wells Fargo & Co. said it has reconsidered holding an event in Las Vegas after reports earlier that the company had planned functions for its mortgage and insurance units.

Spokesman Kevin Waetke said in an e-mail the company has reconsidered holding the event. A follow up statement is “forthcoming,” he wrote.

 

West Covina bank frequent target

WEST COVINA — Four the third time in less than four months, a local Washington Mutual branch has experienced an unauthorized withdrawal.
A robbery was reported Friday afternoon at the branch located at 100 N. Citrus Street, West Covina police said.
The suspects, described initially only as a Latino man estimated to be in his 20s, handed a teller a note that threatened he had a gun and fled with an undisclosed amount of cash.
On Oct. 2 and July 21, similar visits were paid to the bank by robbers bearing a similar suspect description.
In the July heist, police said the robber also used a note that mentioned he was armed.
Few details were available Saturday regarding the October crime.
Bank security expert Mike Alerich points out that a bank robbery perpetrated by similar suspect was also reported Monday at a Washington Mutual branch in Glendale.
Officials have yet to confirm we’re dealing with a serial robber here, however pictures of the robbers in the earlier robberies have been made available by the FBI.
What do you think?

NOTE: The FBI photos incorrectly identify the city of the WAMU branch as Covina. It is West Covina.

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211 takeover suspects sought

This from the Bank Terrorism blog:

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At 9:38 AM on Wednesday, October 15, 2008, three black males entered the Citibank Mall of Orange Branch in Orange, CA with drawn handguns and executed a takeover robbery. The suspects ordered customers and personnel to the floor, stole a large sum of cash from a customer who was at the bank to open an account, took cash from two tellers and then forced bank personnel into the bank’s vault. A Personal Banker was accosted by one suspect who ripped the employee’s wrist watch from his arm. No other injuries were sustained. It is believed that there was a fourth individual involved in this robbery who stood by in what is believed to be a light colored Toyota Corolla. There is no known description of this drive.
 
The suspects are described as two thin black males wearing hooded sweatshirts and another black male wearing a “bucket hat” (see photo on left) who was considered as being more muscular. All had handguns, but the guns were not readily identifiable. The robbery lasted approximately four minutes. There were no injuries to any of Citibank’s customers or personnel. The bank did not reopen for business.

Photo of shotgun-wielding bank robber released

The FBI has released a photo of a man who robbed a Cathay Bank in Alhambra Saturday.

The robbery was reported just before 1:40 p.m. at the bank located at 1 W. Bay State Street, police said.

The masked man used a bucket and an umbrella to hide a shotgun as he entered the bank, then poited it at a teller while demanding money.

Anyone with information is asked to call the Alhambra Police Department at (626) 570-5151.

 

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