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BUSINESS
June 15, 1992 | From Times Staff and Wire Reports
Arrests in FSG Municipal Bond Scam: John Anthony Genetti, 44, was arrested on a 45-count federal indictment for allegedly masterminding a municipal bond scam that bilked $34 million from California investors via now-defunct FSG Financial Securities of Beverly Hills. Genetti's lawyers said he will plead innocent. Also arrested was Louis Vargas, 31, the U.S. Attorney's office in Los Angeles said.
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BUSINESS
June 15, 1992 | From Times Staff and Wire Reports
Arrests in FSG Municipal Bond Scam: John Anthony Genetti, 44, was arrested on a 45-count federal indictment for allegedly masterminding a municipal bond scam that bilked $34 million from California investors via now-defunct FSG Financial Securities of Beverly Hills. Genetti's lawyers said he will plead innocent. Also arrested was Louis Vargas, 31, the U.S. Attorney's office in Los Angeles said.
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CALIFORNIA | LOCAL
August 29, 1993
A 14-year-old boy was shot dead in front of his home Friday night in a gang fight that began as a verbal spat between two teen-agers, police said Saturday. Christopher Louis Vargas died of a gunshot wound to the abdomen after the 9:22 p.m. shooting on the 9100 block of Pacific Avenue, Orange County Sheriff's Lt. Larry Richey said. "Two kids got in an argument, one kid left, then he came back with a bunch of his buddies," Richey said.
BUSINESS
July 16, 1994 | From Times Staff and Wire Reports
Some FSG Financial Charges Settled: Two operators of defunct FSG Financial Services Inc. in Beverly Hills settled Securities and Exchange Commission civil charges that they sold $29 million in worthless municipal bonds through FSG and related companies to nearly 500 California investors. Without admitting or denying liability, John A. Genetti and Westley Scher agreed not to violate securities laws in the future.
CALIFORNIA | LOCAL
August 31, 1993
A second suspect was arrested Monday in the death of 14-year-old Christopher Louis Vargas of Stanton, who was gunned down Friday night by gang members as his mother watched. A 16-year-old Anaheim boy was arrested on suspicion of murder about 1 p.m. after being questioned by Orange County Sheriff's Department investigators, Lt. Jay Mendez said. The investigators stopped the suspect, who was not identified because of his age, at 9:30 a.m. as he was leaving his home, Mendez said.
BUSINESS
November 7, 1992 | DAVID W. MYERS, TIMES STAFF WRITER
A Santa Barbara man pleaded guilty Friday of masterminding a bogus municipal bond scam that bilked hundreds of California investors out of $39 million. John Anthony Genetti, 45, admitted on the fourth day of his trial in a Los Angeles federal court that he and three associates used the now-defunct FSG Financial Services Inc. of Beverly Hills and two other front companies to market the worthless bonds.
CALIFORNIA | LOCAL
March 28, 1987 | GABE FUENTES, Times Staff Writer
With graffiti-marred Sun Valley Park serving as a backdrop, Los Angeles police opened a storefront substation Friday in a troubled neighborhood where two men were shot dead last month in a gun battle. The substation, at the rear of the Sun Valley Chamber of Commerce office on Sunland Boulevard, will be staffed five days a week by two Spanish-speaking officers, Police Capt. Glenn Ackerman said.
CALIFORNIA | LOCAL
August 30, 1993 | MARK I. PINSKY, TIMES STAFF WRITER
A makeshift shrine--two flickering candles and dark blue flowers--memorialized Christopher Louis Vargas on a small back-yard patio Sunday, not far from where the 14-year-old boy was gunned down Friday night by gang members as his mother watched. As she struggled with grief over her son's death, Linda Vargas spent the day making arrangements to ship her son's body to Indiana for burial later this week, after authorities complete an autopsy.
CALIFORNIA | LOCAL
February 3, 1999 | JOSH MEYER, TIMES STAFF WRITER
Thinking back on what has happened to her in the last few days, LaDona Kelly describes herself as "feeling sick, strange and crazy. I have a lot of mixed emotions." No doubt indignation is one of them. While Kelly was at the Century 21 Carwash in Inglewood on Friday, a thief came up and said her car was his, then drove off after an employee let him take the vehicle. If such a scenario is any urban motorist's nightmare, it is a disaster for Kelly.
SPORTS
September 11, 1998 | DAVID WHARTON, TIMES STAFF WRITER
With the arrival of another high school football season, Joe Reed needs hot dogs. Two hundred and forty pounds should do. That's nothing compared to previous seasons. But during three decades of working in the snack bar at Birmingham High games, the 81-year-old man has seen tastes change. "We used to sell 1,000 hot dogs a game," Reed said. "Now it's all nachos and French fries."
CALIFORNIA | LOCAL
November 2, 1987 | STEVE PADILLA, Times Staff Writer
There was a time, Jon Dibene says, when you could watch kids boldly selling illegal drugs as they rode around Sun Valley Park on their bicycles. There also was a time, says the Rev. Anthony M. Yim, when you could watch colonies of scruffy transients build large bonfires at night in North Hollywood Park. Some men slept in equally scruffy cars that lined Tujunga Avenue, the park's western boundary. But these days, say Yim and Dibene, many of the drug dealers and transients are gone.
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