VICTORVILLE, Calif. - (11/22/04) -- In a case that spotlights thegrowing use of DNA in crime solving, a local gang member wasarrested last week and charged with the August 2003 armed robberyat Victor Valley FCU after authorities linked DNA produced fromsaliva scraped from a ski mask used in the hold-up to a samplebelonging to a convicted sex offender. As a result, Johnnie LeonRice, 34, a known member of the Fruit Street Bloods, now faces apossible third offense under California's 'three strikes' law,which carries a sentence of 25 years to life in prison. Police saidRice and two accomplices donned masks and ran into the credit unionwith guns brandished and jumped the teller counter, then loadedtrash bags with $30,000 in cash before escaping in a stolen ToyotaCamry parked in the adjacent alley. The getaway car was discovereda short while later with its engine still running and clothing,including the ski mask with tell-tale traces of saliva that led toRice's capture.
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The Arkansas-based company spent nearly four years on the M&A sidelines, grappling with asset quality issues and litigation tied to its 2022 acquisition of Texas-based Happy State Bank. Now it's signed a letter of intent to buy an unnamed bank.
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The company cited efforts to improve profitability behind its decision, with Popular joining a line of other banks in ending mortgage operations in 2025.
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The 23rd annual dinner honored bankers and finance leaders at the top of the industry.
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Zelle's parent Early Warning Services said Friday it was planning to take its peer-to-peer payments network international through a new stablecoin initiative. It says the details will come later.
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Nicolet Bankshares has agreed to buy MidWestOne Financial in an $864 million, all-stock deal. The acquisition will move the Wisconsin-based buyer into Iowa and the Twin Cities, while also allowing it to vault past a key regulatory threshold.
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A think tank report details setbacks in U.S. cyber strategy, from shuttered partnerships and staff cuts to the expiration of key info-sharing laws.
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