Recording Industry Los Angeles County

Los Angeles has long been the creative and corporate home for much of the music industry. Now it appears that the city has been home to a good portion of the illegitimate side of the business as well. At a press conference at the Sheraton Universal on Thursday, Los Angeles Dist. Atty. Ira Reiner, representatives of the Arcadia and Glendale police departments and officials of the Recording Industry Assn.

Los Angeles has long been the creative and corporate home for much of the music industry. Now it appears that the city has been home to a good portion of the illegitimate side of the business as well. At a press conference at the Sheraton Universal on Thursday, Los Angeles Dist. Atty. Ira Reiner, representatives of the Arcadia and Glendale police departments and officials of the Recording Industry Assn.

The owner of a defunct Santa Fe Springs-based record company and one of the firm's top executives were charged with bank fraud Thursday by federal authorities. Named in a criminal complaint filed in Los Angeles by the FBI were Kimball Dean Richards, 30, president of Consolidated Allied Cos., and Robert Leslie Abernathy, 44, Consolidated Allied's vice president of finance. Abernathy was arrested Thursday morning at Whittier Union High School, where he is employed as a mathematics teacher.

The owner of a defunct Santa Fe Springs-based record company and one of the firm's top executives were charged with bank fraud Thursday by federal authorities. Named in a criminal complaint filed in Los Angeles by the FBI were Kimball Dean Richards, 30, president of Consolidated Allied Cos., and Robert Leslie Abernathy, 44, Consolidated Allied's vice president of finance. Abernathy was arrested Thursday morning at Whittier Union High School, where he is employed as a mathematics teacher.