SEATTLE - (11/04/04) -- A 41-year-old Vancouver, Wash., manconfessed last week to 10 armed robberies in the Puget Sound area,including eight at credit unions since 2001. Clifford Uptegrove wasarrested last March 25 after he made his getaway from a robbery atRiverview Community Bank in Hazel Dell, Wash., on a bicycle.Witnesses called police when they saw Uptegrove loading the bike ina van because they thought he was stealing the bike. Whenquestioned by police Uptegrove confessed to robbing the 10institutions, including Kennewick Community FCU on March 1, 201;Spokane City CU on July 1, 2002; Oregon Central CU on July 3, 2003;Kennewick Community FCU again on August 27, 2003; Spokane City CUagain on January 27, 2004; Oregon Central CU again on February 6,2004; and Olympia CU on March 1, 2004. In a plea agreement,Uptegrove was convicted of one count of armed bank robbery andusing a firearm during the commission of a violent crime and wasordered to pay $57,714, the total amount he stole during therobbery spree.
-
At the banks' annual meetings, shareholders at both companies struck down proposals that would have split the board chair and CEO roles. Two other proposals also failed to win shareholder support, one concerning energy financing and another on pay gap analysis.
24m ago -
Congressional Review Act resolutions are ramping up ahead of the 2024 election cycle. Experts say that, although none are likely to become law, the resolutions are still powerful messaging and political tools.
1h ago -
The ABA is testing an information-exchange network to allow banks to share their fraud data with each other. Companies including Baselayer are also building solutions.
3h ago -
Republicans on the House and Senate Small Business committees are accusing the SBA of being irresponsible in granting Funding Circle permission to participate in its flagship loan-guarantee program.
3h ago -
Strong consumer spending and cross-border activity drove an 8% increase in Visa's total payments volume during the first quarter of the year, although Asia's economic recovery is taking longer than expected.
5h ago -
Mastercard launches service to fight instant-payment fraud, EU may green-light Apple's NFC-access plan, and more.
7h ago