Public safety briefs - Staged robbery nets two arrests - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
November 1, 2021 Newswires
Share
Share
Post
Email

Public safety briefs – Staged robbery nets two arrests

Ventura County Star (CA)

CAMARILLO – Deputies arrested two people accused of staging a robbery to steal money from a business in Old Town Camarillo this month, authorities said Friday.

The robbery was reported at 9 p.m. on Oct. 5 in the 2100 block of East Ventura Boulevard, east of Fir Street, according to the Ventura County Sheriff's Office, which is contracted to provide police services in Camarillo.

Witnesses said they saw a man enter the business with a gun and demand cash and merchandise. He then reportedly fled with the stolen goods in a black vehicle.

The sheriff's major crimes bureau investigated, identifying the suspect as a 20-year-old Oxnard man. Deputies served a search warrant for his home and vehicle, where they seized evidence that tied him to the robbery, according to the sheriff's account.

Detectives learned the suspect was a former employee of the business. They later determined he allegedly conspired with a current employee, an 18-year-old Camarillo man, to stage the crime on a night when the 18-year-old was the only person working at the store.

Both suspects were arrested on suspicion of robbery and grand theft. The 18-year-old has since bailed out of custody, while the 20-year-old Oxnard man remained in county jail in lieu of $150,000 bail as of Saturday night, jail records showed.

T.O. man charged in $3.6 million workers' comp fraud case

THOUSAND OAKS – A Thousand Oaks resident was one of two men recently indicted in a felony insurance fraud case related to a car wash business, according to the California Department of Insurance.

The 67-year-old Thousand Oaks man is the chief executive officer of Waterdrops Express Car Wash. The regional chain, with a corporate office in Woodland Hills, operates car washes in Ventura, Kings and Tulare counties. The case is being prosecuted by the Tulare County District Attorney's Office.

The CEO and Waterdrops' chief financial officer, a 64-year-old Pacific Palisades man, are accused of underreporting more than $3.6 million in employee payroll to lower their company's workers' compensation insurance premium by $369,210, according to the insurance department.

The state insurance department launched an investigation in March 2020 after receiving a tip from an insurance company alleging the executives manipulated payroll records to reduce premiums. Detectives ultimately determined the men reportedly provided false records to two separate insurance companies during routine audits from 2014 to 2016, underreporting payroll costs by more than $3.6 million.

Prosecutors have charged each man with nine counts of felony insurance fraud. The next court hearing in Tulare County Superior Court is scheduled for Dec. 12.

Older

A Coverage Hole In New Mexico Auto Insurance

Newer

Wintrust Financial Corporation Announces Purchase of $570 Million Loan Portfolio From Allstate and Agrees to Become the Preferred National Lender to Allstate Agents

Advisor News

  • Trump bets his tax cuts will please Las Vegas voters on his swing West
  • Lifetime income is the missing link to global retirement security
  • Don’t let caregiving derail your clients’ retirement
  • The ‘magic number’ for retirement hits $1.45M
  • OBBBA can give small-business clients opportunities for saving
More Advisor News

Annuity News

  • Human connection still key in the new annuity era
  • Lifetime income is the missing link to global retirement security
  • ‘All-weather’ annuity portfolios aim to sharply limit rainy days
  • Annuity income: The new 401(k) standard?
  • Smart annuity planning can benefit long-term tax planning
More Annuity News

Health/Employee Benefits News

  • Costs of Illinois state employee health benefits continue steep rise
  • Health care deductibles could double, triple after School Board vote
  • Researchers at RTI International Report New Data on Health and Medicine (Adulthood Health Insurance Source for Previous Criminal Legal System Involved Pediatrics): Health and Medicine
  • Reports Summarize Geriatrics and Gerontology Study Results from University of South Florida (Caregiver Burden and Quality of Life Among Caregivers of Beneficiaries in a Long-Term Care Insurance Program): Aging Research – Geriatrics and Gerontology
  • Man with AR-style pistol arrested at Aetna's Connecticut headquarters without incident
More Health/Employee Benefits News

Life Insurance News

  • AI and life insurance: Fast today, unpredictable tomorrow
  • Judge allows PHL policyholders to intervene, denies ‘premium holiday’
  • eHealth expands into final expense insurance
  • CID hosts info session for PHL Variable policyholders
  • ‘Seismic changes’ cloud global economy, analyst says
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Protectors Vegas Arrives Nov 9th - 11th
1,000+ attendees. 150+ speakers. Join the largest event in life & annuities this November.

An FIA Cap That Stays Locked
CapLock™ from Oceanview locks the cap at issue for 5 or 7 years. No resets. Just clarity.

Aim higher with Ascend annuities
Fixed, fixed-indexed, registered index-linked and advisory annuities to help you go above and beyond

Unlock the Future of Index-Linked Solutions
Join industry leaders shaping next-gen index strategies, distribution, and innovation.

Leveraging Underwriting Innovations
See how Pacific Life’s approach to life insurance underwriting can give you a competitive edge.

Bring a Real FIA Case. Leave Ready to Close.
A practical working session for agents who want a clearer, repeatable sales process.

Press Releases

  • RFP #T01325
  • RFP #T01325
  • RFP #T01825
  • RFP #T01825
  • RFP #T01525
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet