March 14, 1991 |
Four Orange County residents were indicted Wednesday by a federal grand jury in Atlanta for allegedly bilking 300 investors out of $1.4 million in a Costa Mesa-based gold-mining scheme. The 16-count indictment charges the employees of Gold Hill '88--Murray I. Brooks, company president and a Westminster accountant, marketing director Croft Ireland and salespeople Ladonna Forrest and Syed Faruque Ali--with conspiracy and mail, securities and wire fraud.
CALIFORNIA | LOCAL
January 20, 1987 |
An El Toro precious metals investment company suspected of bilking investors out of an estimated $10 million has been raided by local and federal investigators. Raids by the Newport Beach Police Department's Economic Crime Unit, the Orange County district attorney's office and U.S. postal inspectors were prompted by numerous customer complaints, the agencies said. Thursday's raids took place at the El Toro and Newport Beach offices of Capital Coin and Bullion.
January 9, 1991 |
A Costa Mesa rare-coin dealership that is being investigated by police for allegedly defrauding customers has filed for bankruptcy in federal court here, listing more than $5 million in debts and more than 800 unsecured creditors across the country. Americavest, formerly known as International Rare Coin and Bullion Co., filed a Chapter 7 petition Monday in U.S. Bankruptcy Court. Under Chapter 7, a company's operations cease and its assets are liquidated. Benjamin P.
CALIFORNIA | LOCAL
December 13, 1986 |
Orange County officials have shut down an unlicensed day-care operation in a Placentia home after federal agents, in a raid Wednesday, seized a graphic collection of child pornography from the home's garage. About a dozen U.S. postal inspectors and customs agents, in a search for illegally mailed child pornography, entered the Kilmer Drive home of George and Judy Milledge late Wednesday afternoon. Less than 24 hours later, at 1:30 p.m.
June 17, 1987 |
A sharp-eyed postal inspector boarding a Presidential Airlines flight between Washington and Orlando, Fla., was astonished to see Peter E. Voss, vice chairman of the Postal Service's Board of Governors, sitting in coach class. Voss belonged in first class, the inspector thought. He turned out to be right. In fact, Voss' travel arrangements were already being investigated by postal inspectors.
September 1, 1988 |
Agnes Mitchell remembers being very impressed with the man, especially after he invited her to his home on Easter Sunday to meet his wife and two young sons. She was so taken with the boys, about 7 and 9, that she gave each of them $5 in an envelope. But that was nothing compared to what she gave their father, who convinced the 80-year-old woman that he could do wonders with her money.