Ramirez

People v. Ramirez

Good Law
109 Cal. App. 3d 529·167 Cal. Rptr. 174·1980 Cal. App. LEXIS 2183
Court of Appeal of CaliforniaAugust 21, 1980Docket Nos. 34081, 34526, 36126California4,057 words

Opinion

Opinion

Ashby, J.

By jury trial appellants Adam Ramirez and Willie Ramirez were found guilty of grand theft (Pen. Code, § 487, subd. 1). The jury also found true the allegation that the loss exceeded $100,000 (Pen. Code, § 12022.6, subd. (b)). Appellants were sentenced to state prison.

Appellants duped Home Federal Savings and Loan Association of San Diego into crediting Adam’s $10 savings account at the Redondo Beach branch with $1.5 million, based upon a fictitious “wire transfer” of funds. Appellants then withdrew $1.4 million from this account. Adam and his fiancee, Carol Boyer, went on a spending spree purchasing clothing and jewelry and cars and home furnishings for shipment to Ecuador. Adam was arrested at the airport boarding the plane to Ecuador.

Facts

On February 6, 1978, Adam approached Gloria Dias, branch manager of the Redondo Beach branch of Home Federal Savings and Loan Association of San Diego, indicating that he would like to establish a savings account so that a large amount of money could be “wire transferred” into it. He indicated he and his associates were in the process of buying the Cockatoo Inn in Hawthorne, that he expected a wire transfer of $1.5 million, that…

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