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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A housing bill that already passed the Senate cleared the House Monday evening, but included bipartisan community banking provisions that have already raised objections in the upper chamber.
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Fifteen banks have failed since November 2019, with the most recent one occurring on Jan. 30.
February 9 -
The Government Accountability Office was tasked with investigating the Consumer Financial Protection Bureau's stop-work order, but CFPB officials refused to meet with or provide information to Congress' investigative arm.
February 9 -
Federal Reserve Gov. Christopher Waller said comments from banks and fintech firms reveal sharply different priorities in the creation of the central bank's proposed "skinny" master accounts.
February 9 -
Check fraud has risen 385% since the pandemic, with criminals using stolen mail and digital tools to deceive major financial institutions.
February 9 -
The activist investor HoldCo Asset Management said Monday that it doesn't plan to pursue proxy battles this spring at either Key or Eastern. It had been agitating publicly over the banks' M&A strategies.
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