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
    • Advertise
    • Contact
    • Editorial Staff
    • 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

  • Why aligning wealth and protection strategies will define 2026 planning
  • Finseca and IAQFP announce merger
  • More than half of recent retirees regret how they saved
  • Tech group seeks additional context addressing AI risks in CSF 2.0 draft profile connecting frameworks
  • How to discuss higher deductibles without losing client trust
More Advisor News

Annuity News

  • Great-West Life & Annuity Insurance Company Trademark Application for “SMART WEIGHTING” Filed: Great-West Life & Annuity Insurance Company
  • Somerset Re Appoints New Chief Financial Officer and Chief Legal Officer as Firm Builds on Record-Setting Year
  • Indexing the industry for IULs and annuities
  • United Heritage Life Insurance Company goes live on Equisoft’s cloud-based policy administration system
  • Court fines Cutter Financial $100,000, requires client notice of guilty verdict
More Annuity News

Health/Employee Benefits News

  • TrumpRx is here. What you should know
  • Report: Health insurers denied one in five claims in 2024
  • Tom Campbell: Is the cost of healthcare top election issue?
  • 6 AOA ADVOCACY WINS IN 2025 THAT SET THE STAGE FOR 2026
  • BIPARTISAN FORMER HHS SECRETARIES URGE STABILITY FOR MEDICARE ADVANTAGE
More Health/Employee Benefits News

Life Insurance News

  • Globe Life reports solid quarter of sales, Bermuda reinsurer ramps up
  • Equitable reports mixed results but looks ahead to a stronger 2026
  • U-Haul Holding Company Reports Third Quarter Fiscal 2026 Financial Results
  • MetLife Announces Full Year and 4Q 2025 Results
  • Somerset Re Appoints New Chief Financial Officer and Chief Legal Officer as Firm Builds on Record-Setting Year
Sponsor
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

Elevate Your Practice with Pacific Life
Taking your business to the next level is easier when you have experienced support.

LIMRA’s Distribution and Marketing Conference
Attend the premier event for industry sales and marketing professionals

Get up to 1,000 turning 65 leads
Access your leads, plus engagement results most agents don’t see.

What if Your FIA Cap Didn’t Reset?
CapLock™ removes annual cap resets for clearer planning and fewer surprises.

Press Releases

  • Prosperity Life Group Appoints Nick Volpe as Chief Technology Officer
  • Prosperity Life Group appoints industry veteran Rona Guymon as President, Retail Life and Annuity
  • Financial Independence Group Marks 50 Years of Growth, Innovation, and Advisor Support
  • Buckner Insurance Names Greg Taylor President of Idaho
  • ePIC Services Company and WebPrez Announce Exclusive Strategic Relationship; Carter Wilcoxson Appointed President of WebPrez
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
  • Advertise
  • Contact
  • Editorial Staff
  • 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