TEMPE, Ariz. - (07/07/05) -- Two California men were found guiltylast month of engineering two interstate armed robberies at localcredit unions in 2002 that netted almost $300,000. The two men,Jonathan Hunter and Derrick McCreary, masterminded the two heistsfrom their Los Angeles base by scouting out the credit unions, thenrecruiting Los Angeles gang members to serve as the gunmen, withoutparticipating in the robberies themselves, according toprosecutors. The two were found guilty of planning a January 2002hold-up at Tempe Schools FCU when $182,293 was stolen, as well as arobbery a month later at Safeway FCU when $106,470 was taken.McCreary traveled to Tempe to sketch out the credit union floorplans and Hunter enlisted the gang members, then they drove thegangsters across the desert the night before the robberies. In thehours before each hold-up the two stole a getaway car to facilitatethe escape of their accomplices. The two criminal masterminds usedtext messages transmitted over cell phones to communicate theirplans, some of which were used as evidence to convictthem.
-
The New York-based bank, which serves plaintiff law firms, agreed to pay $348 million for a Windy City community bank.
50m ago -
A New York state bill would reduce the barrier for minority-bank and community-bank participation in the state's long-standing Banking Development District program.
1h ago -
A threat that was probabilistic is now official. An Iranian military spokesperson warned of a "painful response" against U.S.-linked banks.
2h ago -
The Senate passed a bipartisan housing bill in an 89 to 10 vote, but how quickly and easily the bill can pass the House remains unclear.
4h ago -
The payments fintech's Nasdaq debut marks the largest U.S. listing by a Japanese company in a decade and had a strong start despite market turmoil caused by the Iran war.
4h ago -
The conflict pushed oil price futures above $100 a barrel for a short time earlier this week, which affected bond investors and the 10-year Treasury yield.
5h ago










