The state Department of Insurance says Fausto Atilano pretended to find people who had skipped bail in order to get refunds on forfeited funds.
The owner of a prominent Riverside County bail bonds company was arrested on Friday, June 2, after a state Department of Insurance investigation concluded that Fausto Atilano submitted photographs of look-alikes posing as fugitives in order to receive refunds on bail money that his company had forfeited.
Judge Jerry Yang approved the District Attorney’s Office’s request to prevent Atilano from posting bail until a hearing could be held to determine whether Atilano could do so without tapping into what authorities contend is stolen money. Atilano is due in court on July 17. The Department of Insurance said it received information that Atilano told Riverside County courts that he had found fugitives in Mexico.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Barry Bonds, MLB's controversial home run king, to be subject of upcoming documentaryBarry Bonds, MLB's home run king, will be the subject of an upcoming HBO documentary. Bonds continues to be one of the most notorious players of all time.
Read more »
Analysis: Struggling China local governments find a fundraising loophole, lifeline in 'pearl bonds'China's cash-strapped local governments have suddenly rushed to an unusual corner of the debt market in Shanghai where ambiguous rules offer ways to skirt restrictions on onshore borrowing.
Read more »
HBO announces Barry Bonds documentary in productionSeemingly everyhouseholdnameathleteofthelast30years has either received or is in the process of receiving the 'Last Dance' treatment. You can now add Barry Bonds to that group.
Read more »
Illuminating Science: X-Rays Visualize How One of Nature’s Strongest Bonds BreaksScientists have deciphered how an activated catalyst breaks down the strong carbon-hydrogen bonds in potent greenhouse gas methane, according to a study published in Science. Using advanced X-ray technology and quantum-chemical calculations, they tracked the electron exchange between the catalyst an
Read more »
X-rays visualize how one of nature's strongest bonds breaksThe use of short flashes of X-ray light brings scientists one big step closer toward developing better catalysts to transform the greenhouse gas methane into a less harmful chemical. The result, published in the journal Science, reveals for the first time how carbon-hydrogen bonds of alkanes break and how the catalyst works in this reaction.
Read more »
WeQuit: WeWork bonds sink after top executives resign from cash-burning companyWeWork bonds are sinking deeper into distressed territory after its CEO and CFO left the cash-burning company in recent weeks.
Read more »