A display from the FBI shows the twelve people arrested and three still at large involved in the Southern California fake check scheme that cost banks at least $15 million. California School for the Deaf, Riverside, official under investigation for 2006 photo of Nazi-style salute A display from the FBI showing a sample advertisement in a Korean-language newspaper that was used to solicit people into the fake check scheme. Temecula Police Stations Stations may be closed during the week if emergencies arise in the City. She’s an Orange County native from Costa Mesa, and in her spare time likes to read and contribute to causes related to literacy. ... Murrieta, CA 92563.
The fake checks deposited ranged in amounts from $2,300 to more than $28,000.Erick Martinez, FBI agent in charge of the International Revenue Service criminal investigations, said the scam affected major banks, including Bank of American, Wells Fargo, and J.P. Morgan Chase.“They were all cheated, all victimized by this scam,” Martinez said.He said the agencies are working to track the money and reclaim as much of it as possible. Authorities have arrested 12 people, including two from Riverside, and are seeking three more in what they are calling a “sophisticated scheme” that cost banks in Riverside, Los Angeles, Orange and Ventura counties at least $15 million.At a news conference Wednesday at the Federal Bureau of Investigations headquarters, Timothy Delaney, the head of the department’s criminal division, announced that Jae Ho Chung, 44, of Los Angeles and members of his organization – which was based in and around Koreatown – were responsible for defrauding banks by a form of fraud known as check kiting.In kiting, counterfeit checks are deposited into bank accounts and funds are immediately withdrawn before financial institutions realize the checks are fraudulent.The morning’s arrests were a result of a multiagency investigation called “Operation Check Kkang,” referring to a Korean term that describes check kiting.Delaney detailed how the elaborate plan was operated from February 2010 to October 2013.“The ring leaders put ads in the Korean newspapers pretty much saying: ‘Do you want to make quick cash?’ and then gave a number to call,” he said.These advertisements were reportedly in Korean-language newspapers all over Southern California.Advertisements would target people with legitimate bank accounts in good standing that would give immediate credit and funds instead of holding checks for multiple days.Ring leaders would give people fake checks to deposit and they would withdraw money. She has worked for the Register since 2013. Retired LAPD sergeant weighs-in on protests, police. Salons, barbershops can resume indoor operations Monday under new guidelines SpotCrime crime map shows crime incident data down to neighborhood crime activity including, reports, trends, and alerts. Alma Fausto is a crime, breaking news and public safety reporter for the Register. We might permanently block any user who abuses these conditions.If you see comments that you find offensive, please use the “Flag as Inappropriate” feature by hovering over the right side of the post, and pulling down on the arrow that appears. Authorities said the advertisements were all over Southern California Korean-language newspapers and boasted fast ways to make money. Previously, she lived in New York City while studying at the Columbia University Graduate School of Journalism where she covered the growing Mexican immigrant population in the city. Special Agent in Charge Erick Martinez of Internal Revenue Service-Criminal Investigation spoke about how the fake check scheme victimized banks and cost them millions.
GET BREAKING NEWS IN YOUR BROWSER. If convicted of the counts, each person would face a maximum penalty of 60 years in federal prison.We invite you to use our commenting platform to engage in insightful conversations about issues in our community. Alma has also lived and studied in California’s rural and agricultural Central Valley. Curating the best media and blog feeds in Temecula. Breaking Temecula News, Temecula, California. She has been on the board of the Orange County Press Club since 2015. A Mercedes-Benz driver was speeding when he apparently lost control and crashed into a tree near the entrance to Mount Palomar Winery.The checkpoint will begin at 8 p.m. Friday and last through 1:30 a.m. Saturday, according to the sheriff's department.A Temecula resident was among those arrested during Wednesday's raids.Each of the five cases is separate, with no apparent ties.The county will initially pay for the $20 million project using general fund dollars, but the COVID-19 rescue package will get tapped too.Donovan Pham Nguyen, 34, would wear Homeland Security tactical uniforms and other agent uniforms while taking part in investigations.The vehicle's driver was arrested for DUI, according to the California Highway Patrol.The "Traffic Enforcement Saturation" patrol was aimed at helping to prevent crashes and reduce crashes in the city, officials said.The victim was taken to a hospital with stable vital signs, according to Cal Fire/Riverside County Fire Department.Domingo Nava Cruz was booked on suspicion of hit-and-run causing injuries, driving without a license, DUI, and failure to appear.Deputies from the Sheriff’s Southwest Station made the DUI arrests during the five-hour checkpoint located in the 26000 block of Ynez Road.A Dodge Challenger driver tried to pass cars ahead of him by moving into oncoming traffic.A Stage 3 Emergency was briefly declared Friday by the California Independent System Operator.The cultivation sites were located on over 580 acres of public and private land, according to the sheriff's department.A 27-year-old man who allegedly planned a sexual tryst with someone he believed to be a 13-year-old girl was behind bars Thursday.A wildfire that broke out Monday south of Vail Lake scorched roughly three acres before Cal Fire stopped it.
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