The Argonaut Newspaper

Page 29

‘Boom Boom Bandit’ sought in robbery of Mar Vista bank Authorities are seeking the public’s help in locating a man suspected of robbing two Westside banks on Feb. 12, including a Chase Bank in Mar Vista. The suspect, dubbed the “Boom Boom Bandit” uses a written note demanding cash that also provides an assortment of instructions for the bank teller, FBI spokeswoman Laura Eimiller said. According to authorities, the suspect is wanted for a bank robbery and an attempted bank robbery on Feb. 12 at the Chase Bank at 12335 Venice Blvd. in Mar Vista, and the Bank of

America at 11501 Santa Monica Blvd. in West Los Angeles. Witnesses have described the suspect as a white man, 6-foot-1 to 6-foot-3, 180 to 220 pounds, 35 to 40 years of age, with brown hair that may be a wig. In a bank surveillance photo, the Boom Boom Bandit can be seen displaying a device in a bag described by witnesses as red flares wrapped in tape with wires attached, Eimiller said. The barrel of a handgun was also reportedly seen inside the bag presented to a teller. The demand note stated, in part, “no drama, no boom

boom,” which appears to suggest that an explosive device would be detonated if the teller did not comply with the suspect’s demand, Eimiller said. The suspect allegedly took the device with him as he left the banks. Anyone with information about the identity or whereabouts of the suspect is urged to contact their nearest FBI office or dial 911. The FBI is conducting the investigation jointly with the Los Angeles Police Department.

AUTHORITIES have released this bank surveillance photo of the ‘Boom Boom Bandit,’ whom the FBI says has used written notes demanding cash along with other instructions for the bank teller.

Two local men charged in alleged stock manipulation case A Venice man and the controller of a Santa Monica-based company are among 14 people who have been charged with allegedly manipulating stock prices in a scheme that led to more than 20,000 investors losing over $30 million. Two grand jury indictments unsealed Feb. 13 allege that the stock manipulations occurred in two separate, large-scale fraud schemes. One 32-count indictment led to the Feb. 13 arrests of nine al-

leged conspirators, including Ari Kaplan, 40, of Venice, the nephew of a Westwood man who controlled the London Finance Group, Ltd.; and Grover Henry Colin Nix IV, 39, who controlled the Santa Monica-based Calbridge Capital, LLC, which purpoted to be a “boutique investment banking firm,” according to the U.S. Attorney’s Office. The indictment accuses the defendants of charges such as concealing control of the stock by purchasing and transferring

shares to offshore accounts; fraudulently inflating the prices and trading volumes of the companies’ stocks through “slick” marketing campaigns; and coordinating the sale of the companies’ shares at the peak of the fraudulently manipulated market, said Thom Mrozek, spokesman for the U.S. Attorney’s Office in Los Angeles. According to court documents, the defendants are alleged serial market manipulators who carried out several fraudulent

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February 21, 2013 THE ARGONAUT PAGE 29


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