JEWELER RELEASED ON BOND.Byline: Daily News SANTA CLARITA Santa Clarita, city (1990 pop. 110,642), Los Angeles co., S Calif., suburb 30 mi (48 km) NW of downtown Los Angeles, on the Santa Clara River; inc. 1987. Situated in the Santa Clara valley and nearby canyons, Santa Clarita includes the former towns of Canyon Country, - A Canyon Country jeweler indicted INDICTED, practice. When a man is accused by a bill of indictment preferred by a grand jury, he is said to be indicted. on federal charges of using forged checks and phony wire transfers to steal $3 million from nine bank accounts was released on bond Thursday after making an initial court appearance. Nelson Altounian, 52, who was not arrested after the indictment, was summoned to appear in court and released on a $100,000 bond, but told he could not accept wire transfers, checks issued for more than $10,000 without approval, and has restricted travel. He is scheduled to appear in court July 9 to enter a plea. A federal grand jury indicted Altounian on 12 counts of bank fraud, three counts of wire fraud and three counts of lying on a loan applications, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. court records. The indictment claims Altounian and several ``known and unknown co- schemers'' withdrew $837,000 from an Everen Securities Inc. account through phony interstate wire transfers and forged cashiers checks made payable to Altounian's jewelry store, Gold Crest Jewelers. Altounian and his cohorts faxed phony wire transfer authorization letters to the bank and moved the money into a Wells Fargo Wells Fargo armored carriers of bullion. [Am. Hist.: Brewer Dictionary, 1147] See : Protectiveness Wells Fargo company that handled express service to western states; often robbed. [Am. Hist. Bank account, and from there, into a Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. account held by Altounian, the indictment said. The indictment claims Altounian used the money to purchase gold. |
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