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Teller arrested in theft at bank
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A Simi Valley bank teller allegedly took cash from a bank box that belonged to his employer, according to Simi Valley police.
The manager of the Wells Fargo Bank branch at Westlake Village where Corey Nolan, 22, worked called Simi Valley police and told them that Nolan failed to show up for work and that $18,000 was missing from his bank box, police said.
Police went to the Holiday Inn Express at 2550 Erringer Road, where Nolan was staying.
Nolan admitted to police that he had embezzled about $35,000 from his employer over a two-day period, police said. Officers recovered $30,450 from Nolan's motel room.
Nolan was arrested on suspicion of embezzlement, grand theft and burglary, according to police. He was being held Saturday at the Ventura County Jail on $200,000 bail.









Posted by deepwater805 on November 23, 2008 at 3:52 a.m. (Suggest removal)
File this one under: Least competent criminals.
Posted by handyhood on November 23, 2008 at 5:02 a.m. (Suggest removal)
deepwater- The reason this kid was least competent is because he wasn't a criminal. He obviously let the lure of money make some bad decisions, but this was his first time arrested for anything. This one can be saved. He is going to have to pay the price for his mistake, but hopefully he won't end up going down the wrong path again.
Posted by ecarson1958 on November 23, 2008 at 6:06 a.m. (Suggest removal)
6 months county, 3 years probation. He also has to tell everyone why he wasn't found somewhere else like Hawaii.
Posted by AnnaWhaat on November 23, 2008 at 6:47 a.m. (Suggest removal)
At least he didn't spend too much of the money. This guy is salvageable. He can pay the restitution and do some time. Jobs are getting harder and harder to come by. Sad he mesed that one up.
Posted by kind1 on November 23, 2008 at 7:09 a.m. (Suggest removal)
Are we talking about a bank safe deposit box, the ones in the bank vault? If so, when did the laws change? I was always tolo it was illegal to keep money in those! In fact, from what I remember...
Rhode Island is the only state in which it was not illegal to keep cash in one's bank box.
These laws are directed at money laundering.
Clarification please Star! Bank Safe Deposit Box or No? Senior Wells Fargo employee in violation of banking laws or no?
Posted by newshound on November 23, 2008 at 7:25 a.m. (Suggest removal)
With George Bush's economy running the way it is, you can probably count on more people making bad choices.
Posted by MarineOne on November 23, 2008 at 11:07 a.m. (Suggest removal)
Hey "newshound", it's supposed to rain later this week...let's blame that on George Bush too.
Posted by NowHearThis on November 23, 2008 at 11:22 a.m. (Suggest removal)
"newshound" calls the current economy George Bush's fault. Why do libs ALWAYS espouse their rhetoric on emotional poppy-c---?
Look folks, look up the Community Reinvestment Act of 1977, where the Carter Administration forced banks to loan money to minorities and low incomers to purchase houses. Then Clinton expanded this leftist-liberal boondoggle. This fraud finally caught up with our economy the past few years.
Of course, there is plenty of corruption to go around in the private industry and government also. It's all about the green back.
With Obama at the helm in under two months, Obama supporters don't know yet what they've gotten this country in to.
Posted by sparks240 on November 23, 2008 at 11:30 a.m. (Suggest removal)
He managed to blow $4550 in a few days. Drugs and hookers?
Posted by smithjc on November 23, 2008 at 11:53 a.m. (Suggest removal)
kind1, i think the "bank box" they're referring to is the "teller box" that is at the teller stations. that would make sense, although stealing the cash out of it wouldn't (to me, anyway). but then i've always worked for everything, i never expected the nanny state to provide for me. now that the messiah has been elected, i guess i can quit working and get my "entitlements".
Posted by egg on November 23, 2008 at 11:54 a.m. (Suggest removal)
i guess because it happened in w.v. and he's from simi...it's not a bad thing. a little slap on the wrist! but i wished it would have happened in oxn so we could of seen the responses.
Posted by potatoebay on November 23, 2008 at 11:56 a.m. (Suggest removal)
nowhear this. Typical Republican. Always going back 15, 30 years to blame democrats. If Bush was so compitent, what the heck has he been doing for the past 8 years? How come he didn't fix it? Give me a break
Posted by doesntgetit on November 23, 2008 at 12:19 p.m. (Suggest removal)
NowHearThis, "Look folks, look up the Community Reinvestment Act of 1977, where the Carter Administration forced banks to loan money to minorities and low incomers to purchase houses. Then Clinton expanded this leftist-liberal boondoggle. This fraud finally caught up with our economy the past few years."
So you think it's fraud to pass a law allowing minorities and low-income to own a home. I wonder why you would associate minorities with low income. I know quite a few minorities who makes more money than non-minorities, but that's besides the point. I think the goal was to be able to allow financially responsible "minorities and low-income" people to own a home. I also happen to know quite a few minorities and low-income people who are able to buy a home and keep it.
I also happen to know non-minorities and high-income people who bought and lost their homes. I just don't get your point.
Posted by SueSue on November 23, 2008 at 4:10 p.m. (Suggest removal)
NowHereThis:
Now here this, there are a lot of people who aren't "libs" that do not like G. Bush's polices.
People who voted for him are very disappointed in what he's done. If your not disappointed in the mess that he & his croonies have gotten America into, your either, making a 6 digit income that hasn't been threatened, your very ill informed or you just stick with the "Good Ole Boys" no matter how far behind the times they are or messed up they made things. Good Luck to you when, or if the truth sinks in.
Posted by tim_timer on November 23, 2008 at 4:11 p.m. (Suggest removal)
Bank of America and Wells Fargo made plenty of loans under the Community Reinvestment Act of 1977, and these banks remain in excellent financial condition. Look elsewhere for the problem.
Posted by star on November 23, 2008 at 6:01 p.m. (Suggest removal)
Banks that participated under the CRA have a *lower* rate of foreclosures than do private lenders that don't. Stop blaming the poor and nonwhite.
Posted by potatoebay on November 23, 2008 at 6:07 p.m. (Suggest removal)
SueSue, great comment.
I hear where Obama wants to create jobs by rebuilding our roads and bridges. It's about time we start spending our money on domestic infrastructure than sending it over to the middle east where companys like Haliburton benefit. And if anyone once to second guess that, why did Haliburton move their headquartes to Dubai
Posted by NavalAviator on November 23, 2008 at 7:49 p.m. (Suggest removal)
Sorry, but this kid is just like George Bush, he had a plan, but not an exit strategy.
When that young man left the bank, he should have been, to use a railroad term, "short coupled and long gone down the track." Straight to Mexico in his car, drive down to Baja, hold up on a beach until they came to get him.
Since he was going to serve some time anyway, he might as well have enjoyed himself. He is not going to do more time if they recovered all of it, part of it, or none of it. So he might as well have blown it all. If he spent part of the money on hookers and booze, that was a good start, just the wrong geography.
It would be a great book, a better TV movie when he got out.
Posted by nojustice_justus on November 23, 2008 at 8:08 p.m. (Suggest removal)
Based on what knowledge of the individual or excerpts from the story can one say that he can be saved or is salvageable? Or is this solely based on the city it occurred in or his last name?
-Don't read into my post...its merely a question. Also I'm not saying this guy CAN'T be saved, or CAN be saved. I don't know but remember his name and time will tell.
Posted by Scapegoat on November 23, 2008 at 8:10 p.m. (Suggest removal)
New left wing talking point alert!: 'banks that loaned under CRA have lower foreclosure rates than other banks'
watch for this statement to pop up magically in the coming few weeks.
Posted by nojustice_justus on November 23, 2008 at 8:11 p.m. (Suggest removal)
potatoebay--why bring up what makes too much sense?....Halliburton is sucking money in from America like a Drug Cartel.
At least the Cartels will admit it.
Posted by anom1985 on November 23, 2008 at 8:12 p.m. (Suggest removal)
what the hell, he just stole $35,000. if it was some dude named pedro that stole your $35,000 car i doubt you guys would be so lenient. this is the kind of crap thinking that lets a ceo get a pat on the a** and a "better luck next time" after bombing our economy.
Posted by nojustice_justus on November 23, 2008 at 8:23 p.m. (Suggest removal)
Now anom1985--we must be lenient on this guy!
Why? Because like you said-his name isn't Pedro, it didn't occur in Oxnard, and he is 'saaaaalvageable' and can be 'saaaaaaved'.
White collar crime is the scourge of this nation.
Posted by smithjc on November 23, 2008 at 9:09 p.m. (Suggest removal)
i don't know if he is "salvageable" or if he can be "saved". what do you say we find out after he does about ten years in the joint first? were i a judge, he would get the maximum from me. it's one thing for a person to go out and steal from another individual (and don't think for a minute that i believe that to be "alright"), but an entirely different matter when you are placed in a position of responsibility and trust to safeguard the property of another (a fiduciary responsibility). while both crimes are reprehensible, to me it's much worse when that trust is violated.
Posted by crazymind20082009 on November 24, 2008 at 12:07 a.m. (Suggest removal)
why did the guy even speak, he has a right to a lawyer.
Posted by mamaof2 on November 24, 2008 at 8:57 a.m. (Suggest removal)
handyhood: he is a criminal now, im surprised usually u jump all over people who commit crimes, what makes this guy any different? he stole $35k!
Posted by nojustice_justus on November 24, 2008 at 11:49 a.m. (Suggest removal)
mamaof2--could it be because of the location and name? ie: his name isn't 'Pedro' as anom1985 pointed out.
Posted by Adam_Monroe on November 24, 2008 at 5:50 p.m. (Suggest removal)
Corey Ryan Nolan:
Race: W
Height: 5'9"
Sex: M
Eyes: BRO
Weight: 175
DOB: 01/07/1986
Age: 22
Hair: BRO
According to court records:
He has two speeding tickets...one was dismissed, but the other he was convicted of going over 100mph...
Posted by h2oboy on November 25, 2008 at 7:19 a.m. (Suggest removal)
He only stole 35K and didn't know who to waste it. Sounds like he might be perfect for senate, congress or even president.
Posted by katndog on November 25, 2008 at 8:16 a.m. (Suggest removal)
I am surprised over the lenient comments here. This kid stole $35k and though it is insured IT IS OUR MONEY that kid stole. He IS a criminal and the worst sort. He was in a position of trust and he broke that trust. He was PRETENDING to be a good kid. His actions prove other wise.
If you are working with a gang member you know you're gambling with the outcome. If they rip you off you knew there was a chance of it happening. But to be ripped off by an insider is the worst crime.
Some of you are nieve if you think this kid can be "saved". Read the heart of this person and re-evaluate your thinking.
Because if this kid can be saved then please offer him a job at YOUR BANK or offer your daughters hand in marriage or better yet...offer him a government job!
Posted by AnnaWhaat on November 25, 2008 at 8:19 a.m. (Suggest removal)
kind1 ,No its not illegal to keep cash in a safe deposit box. Although its not FDIC insured. No teller or officer should ever look to see what is in a safe deposit box. THey are suppose to turn thier head. And no other keys are available for that box , just the two keys given to the customer. And if lost ,the customer pays for a locksmith to come and re-key it. FYI.
smithjc, I think your right. It had to be his bank box that is locked up everynight ,But they do not do a count all the time. THe teller does everynight to balance out. And it takes two keys to get the box out of the vault, the teller has one and the Officer.
And if it was in his teller box then I feel the bank was also negligent. They should never have allowed him to have that much money in his box. Every teller has a limit............. He should have sold it to the vault before closing for the day. That amount of money is wayyyyyyyyyyy too much for a limit when most are 5,000-10,000.00.
His record isn't long, he may be salvageable. We dont know. I hope so. Perhaps he was three months behind on his house payments and didn't want to go into foreclosure and just used what he had to have? I don't know. Still no excuse to steal it.
Posted by h2oboy on November 25, 2008 at 10:39 a.m. (Suggest removal)
katndog...this person would do well in government as he didn't blow all the money he took. I think he can be saved. We all make mistakes. I am glad he got caught early and hope he changes his ways.
Posted by miss_cupcake on November 25, 2008 at 4:32 p.m. (Suggest removal)
This kid was hard worker and let the fantasy life of LA get to him. He no doubt will loose a lot from this and it will teach him lessons. People make mistakes and they learn from them. He's young, he doesn't have a record and he didn't kill anyone. All the money is going back to where it came from and at the end of the day, it's his life that is practically ruined.
Posted by Machine on November 26, 2008 at 9:17 a.m. (Suggest removal)
Wait... staying at a Holiday Inn Express doesn't make you intelligent???
Posted by Phenom5 on November 26, 2008 at 3:53 p.m. (Suggest removal)
This guy was without a clue. He had to know he'd get caught. It's a shame it even mentions the Holiday Inn Express; it's such a nice hotel. I just stayed there a few weeks ago for a romantic night away from the kids and the rooms have jacuzzi tubs! The pool area is just beautiful.
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