Theft total rises to $1.2M

Bank tellers released on $20K bond, could face up to 15 years if convicted

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— Steamboat Springs police now say as much as $1.2 million was stolen from Alpine Bank account holders during a 2 1/2-year period in what is being called the largest local theft in recent memory.

The two Routt County women arrested in connection with the case, Terri Dawn Moody Fatka and Pamela Jean Williams, were released from Routt County Jail on $20,000 bond Thursday night.

Williams, a Milner resident, and Fatka, who lives on Routt County Road 41A south of Steamboat Springs, were arrested Thursday morning at the downtown Steamboat Springs branch of Bank of the West, where both were employed as tellers.

The women are accused of stealing $1.2 million from multiple account holders at Alpine Bank, where they previously worked.

Williams and Fatka are charged with theft more than $20,000, a Class 3 felony, and forgery, a Class 5 felony. They face up to 15 years in jail if convicted on both charges.

Steamboat Springs police Capt. Joel Rae would not say how the women are alleged to have stolen the money or what led investigators to them. Rae said only that money reported stolen from banks can often be tracked.

"There's always a paper trail," he said Friday.

Paul Fatka, Terri's husband, declined to comment when reached by telephone Friday night. Williams does not have a listed phone number.

Police still are searching for additional victims in the ongoing investigation, Rae said. Five victims have been identified thus far. Rae said the total dollar value of the thefts could continue to rise if additional victims are identified. He urged customers to carefully check their bank statements.

"This is the largest theft that we've seen in terms of a dollar amount," said Rae, a 12-year veteran of the Steamboat Springs Police Department.

Police are investigating whether any Bank of the West customers lost money. Williams and Fatka have worked at Bank of the West since January.

Representatives of Alpine Bank and Bank of the West have declined to comment about the case.

The Steamboat Springs Police Department and the Routt County Sheriff's Office began a joint investigation last month after two Alpine Bank customers reported large sums of money missing from their accounts. The losses at Alpine Bank took place during the past 2 1/2 years, which corresponds to the time the women worked there, Rae said. Williams and Fatka left Alpine Bank the last week of December and began working at Bank of the West within a week of one another, he said.

Local law enforcement officers have been aided by an investigator from the Federal Deposit Insurance Corporation, who arrived in Steamboat on Tuesday at the request of Alpine Bank.

Deputies from the Routt County Sheriff's Office searched the women's homes Thursday morning as part of their investigation.

Both women are longtime Routt County residents, each having graduated high school here. Both are 41, and both have two children.

Williams and Fatka are due to appear in Routt County Court at 8:30 a.m. April 1.

The Associated Press contributed to this report.

Comments

Jason Miller 6 years, 10 months ago

I agree with you scooter.This seems to be the biggest news to happen in the'Boat since the ower of the hardware store was murdered.

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scooter 6 years, 10 months ago

1.2M over two and a half years: If this is true someone much higher up at the bank has to be involved. No disrespect to these two women but: Two lonely little tellers just aren't that smart!

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thecondoguy1 6 years, 10 months ago

r1100s, good for you, God bless, and good luck at all you do...........

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thecondoguy1 6 years, 10 months ago

I love horses,,,,,,,, but they are messy kissers.................

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steamboatcrazy 6 years, 10 months ago

How does someone steal so much money? and it only involves 5 victims..... wow... How do you not notice that? Sounds like a Robin Hood story except the people were giving to them selves and not the poor. I've seen Pam driving a nice new Lexus..... How does your husband not know when you start buying all of ths new expensive stuff? head in the sand i guess.

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letomayo 6 years, 10 months ago

This is a sad thing to see happen with friends. It is not something that I can imagine could take 2 and 1/2 years if there were someone higher up involved it seems they would of been arrested at the same time. What they did was horrible and I wish it wouldn't have happend and now they have to live with the even more horrible consequences for theirselves and there families. I don't know if either is married at this time and if they are it is possible the husbands wouldn't know because sometimes people live beyond there means and sometimes husbands don't run money matters in the household there wives do. Wives seem more frugal and money oriented and savers. It seems that embezzling is a woman's crime of choice. Again I am sad for them and can't understand the reason but will still be friendly with them if I see them around town. I hope other kids as rotten as some of them can be will let there kids alone and be nice to them. I don'thope for much there cause kids reflect there parents attitude and adults are worse than kids when it comes to kicking people while their down.

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housepoor 6 years, 10 months ago

Doesn't $20,000 bail seem low? I mean if they have 1.2mil stashed somewhere............. I think you only have to come up with 10% of that to get out of jail? $2000

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80488mom 6 years, 10 months ago

Housepoor - seemed small change to me too. Not sure if I was them I would want to have made bail. Would seem being locked up would be the lesser of two evils........facing your family, friends and community or hiding out in the Routt Co. jail. But I guess if you are going to steal from someone you have no shame anyway.

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seeuski 6 years, 10 months ago

Scooter, these two thiefs hope to see you in the jury pool.

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id04sp 6 years, 10 months ago

You'll probably find that there is not much money "stashed" anywhere it can be found. Also, they will probably be prosecuted for tax evasion. The more the IRS looks for in this county, the more they're going to find. They could probably set up a field office and start going through Routt County Assessor and Clerk and Recorder property transaction records and find enough money to pay the cost of the office and the agents for the next ten years. Tax and penalties on the missing $1.2 million over three years is probably close to $600,000 all by itself.

$20,000 bond is not very much; it only costs you 15% of that amount to get out of jail if you have real property to put up as collateral. So, for $3,000 you walk.

I hope the FDIC gets the IRS involved ASAP and attaches all their property for back taxes, and gets a federal judge to set the bail around $100,000 each.

When the feds caught Al Capone, tax revenues in the Chicago area increased drastically the following year. This kind of stuff sends a message. People in our sleepy little mountain town have gotten away with economic crimes far too long, and I always knew it would take something like this to get the attention of the feds.

Mr. Ness; call me. We'll do lunch.

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mtroach 6 years, 10 months ago

So you have to pay income taxes on money that you steal?

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colowoodsman 6 years, 10 months ago

I wonder if we will ever hear 'the rest of the story' or if this will get covered up like the Linda White murder to protect the town's image? I'll bet Alpine Bank ( which I belive grew out of Alpine Savings & Loan) is losing a lot of customers about now. Alpine Savings and Loan was part of a Federal bailout a while back. We taxpayers will probably have to do the same for those banks involved in the current home motrgage crisis. These banks made a lot of loans to illegals working here figuring the illegals would get some kind of amnesty. I'll bet those banks have been counting on a bailout since before they made the loans!

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thecondoguy1 6 years, 10 months ago

they didn't get real estate licenses because they would have received a 1099 and had to pay income taxes on the money they stole....................

answers to both of the above...........

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r1100s 6 years, 10 months ago

Theft is wrong. Theft will never go away. We are all guity of theft. Another way to describe theft is "ripping off". Capitalism has it's benefits and drawbacks. One drawback is the greed it supports. Another is the opinion that rich people are more successful than others...many believe to be successful is to have lots of money, some do not. Until we understand what success means to us personally, we will still be ripping eachother off.

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nativegirl 6 years, 10 months ago

I'm dumfounded at that last comment.

Following your logic, I work hard at my job for a paycheck, pay my taxes and bills, keep a roof over our heads and feed, clothe and educate my family, all out of the money I EARN...and in your mind that equates theft?

How the heck did you come up with that one anyhow?

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seeuski 6 years, 10 months ago

What r1100s is refering to is socialism. I just never understand why these folks don't move to Cuba or somewhere else where they make you work and take your pay.

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another_local 6 years, 10 months ago

Good to see that the cluelessness is alive and well in Routt county.

r1100s, do you believe that anyone with more money than you is ripping someone off? Do believe that there should be reward for risk taken? Maybe you think everyone should work for minimum wage? Capitalism is ripping people off?

While it is true that some people will never figure out how things work in general, it does not follow from there that those who do are thieves. Geez.

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portagetheyampa 6 years, 10 months ago

Hello id04sp,

Ness here. How is Tuesday, breakfast at the Shack, say 7:30? I'll be at the table in front of the window with a fist full of money to treat you to those great "Shack" pancakes.

See you then!

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airmanpat 6 years, 10 months ago

let's see how far fetched this can really go... maybe this guy really wants to blame it on the troops because OBVIOUSLY they MUST support bush and bush put us in this "hell hole" and he's the reason for driving these women to become depressed and steal money.. Yup... that sounds about right! Are you KIDDING ME?!

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r1100s 6 years, 10 months ago

I believe in capitalism, but, can anyone deny the inequalities of our society? Do CEO's deserve multi-million dollar bonuses? Do the oil companies need any more money from a product we are dependent on? These companies are reporting record profits nowadays because of greed. How about corporations cooking their books to deceive innocent investors? And people who lose their entire retirement after these corporations are caught lying. How about the ridiculous housing prices and the subsequent fallout of it all? What I'm saying is capitalism, unfortunately brings out the greed in a lot of people who think money is the key to success. Yes there are honest, hardworking people out there, who live their lives according to morals, but, there are many more who make short cuts, striving to become rich without a conscience. In other words RIPPING OFF honest people is prevalent, and these two tellers are partially victims of our society and the popular culture values which we are bombarded by everyday. What they did was wrong, and people find it easy to criticize them, but Steamboat is a extreme example of inequalities of our society and distorts our perception. Vacation homes 5 to 10 times the size of a regular home, which are only used maybe two to four weeks a year? Owned by the people who make the 10 million dollar bonus for having a average performance and no conscience.

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Hadleyburg_Press 6 years, 10 months ago

"Duke: The lights are growing dim Otto. I know a life of crime has led me to this sorry fate, and yet, I blame society. Society made me what I am. Otto: That's bullsh#t. You're a white suburban punk just like me. Duke: Yeah, but it still hurts. "

Repo Man - 1984

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id04sp 6 years, 10 months ago

Portage,

E-mail me with your official contact information. It will have a .gov domain.

Roach,

Yes, all income is taxable unless specifically exempted. When you steal and you don't declare the income from it, that's a federal crime (tax evasion). Money from drug trafficking, even though illegally obtained, is taxable. If the IRS decides it's worth their time to track you down, they will start with your lifestyle, home, cars, etc., and require you to come up with documentation showing the source of the income and the taxes you paid on it.

By the way, "excess benefits" paid by a homeowner's association to an officer of the corporation, even if it's supposed to be a not-for-profit, are taxable. If you pay $50 for the annual dues on your vacant lot, and you're an officer of the HOA, and the HOA spends $500 to improve the road abutting your vacant lot, you just received $450 in excess benefits. Not only are they taxable at 25% in the year they are received, the tax rate goes up to 200% if you don't pay it when it's due. Also, the HOA loses its tax-exempt status because it granted excess benefits to a "disqualified person", and has to pay income tax at the rate of 30% for all income received.

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80488mom 6 years, 10 months ago

I just don't get it. There were times in my life when I had pretty much nothing but I was happy. I've never resented anyone for having more than I have or envied a friend doing well. I've always been happy for them. People who have lots of money, more often than not, work their asses off. It's not handed to most people and even if it is someone, somewhere worked for it. Even if they are a CEO don't you think they worked, crawled or clawed their way to the top.

Consider the lady pilot who died recently. She was worth billions and made her money using her brains. Had to admire her for that not be jealous because I didn't have the brains to do it myself.

I've really never been sad because I didn't have something I wanted and always wake up grateful for what I do have.....good health, wonderful family......a comfortable life out in the county.....wonderful neighbors......I just don't get it.

I really and truly feel so very sorry for their husbands, extended family, children and friends. Sorry...but I don't have one ounce of sympathy for the situation Pam and Terry are in. I would imagine if I was any of the previously stated I would feel deceived, hurt and angry and wonder what other lies or deception was hid. Not to mention the people they ripped off all those years. The whole thing is horrible. So incredibly sad. I can't believe their bail was so low. Doesn't seem fitting for the damage they caused.

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r1100s 6 years, 10 months ago

Last word, condoguy, I totally agree with you, I do need to grow up! Have fun out there kids! Goodnight and Goodluck!!!

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sorryasscapitalist 6 years, 10 months ago

Dear r1100s: If you ever met me, you'd hate me: I'm a capitalist. I own a vacation home in Steamboat. I pay my taxes just like you however I don't use the local services as you do as I'm not there all the time (under your theories I'd get some taxes refunded). I work very hard in another state. I'm educated in my industry and I have 38 years of experience. My frequent flyer miles add up to over 3 million - that means I missed a lot of my kids birthdays, soccer games and my wife took on the burdens of mom and dad - far too often. And there are scars from all that. I guess capitalism allows you to be "all you want to be"...it is NOT a religion, so all the "bad things" in human beings are there, just like in your daily life.

Working hard does not equate to being a crook and there are crooks everywhere: Looks like Barry Bonds, Roger Clemens and Marion Jones took steroids and cheated. Jimmie Johnson's crew chief in NASCAR got fined $100K for cheating, judges have been sent to jail. Yep, they were all capitalists making money. And all these people (everyone who does evil) should be prosecuted: rich, medium comfortable and damned poor.

But Capitalism wrong? Ask the immigrants from Vietnam, Communist China, Mexico, Cuba, if capitalism is bad. They'll show you the things they never hoped to own when they lived in their previous countries. As another poster said, you are a socialist: punish those who do well and redistribute the wealth among all. Our ignorant Senators and Congressmen do that all the time: "give aways" of money. Whose money? Taxpayers - that includes your money r1100. Want an example: Those oil profits too much? Consider how the employees of the oil companies feel when their bonus checks are big. Are they feeling bad? (no). How about the SHAREHOLDERS (grandma, widows, young families) when they see their stocks worth a LOT more than before are they happy? (yes).

What you want to do is say "hold on oil companies, you've made too much money!" And the employees, who get bonuses and the shareholders who build equity will say, what?

How about "OK, every amount of profit over $XXX, you must return to everyone by cutting the price of gasoline." That's stealing from employees (thousands) and shareholders (millions) just like the ladies did at the bank.

Some CEOs may make too much money, but it's capitalism: better than the altermatives.

Please get some books on economics and political science and look at the foundation of economic situations in other countries and you'll understand why DEMOCRACIES (and the varies versions: parliamentary) work far better than anything else. The only absolutely perfect economy is heaven: don't steal or do bad and you'll get there.

Lastly, just in case you'd like to try your version of living here are the prime examples: Cuba, Communist China, Venezuela (heading that way), and almost all of Africa.

Have fun!

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thecondoguy1 6 years, 10 months ago

sorry here but I gotta kiss up to mom again, she seems to be the healthy one, this r1100s is one sick bumpkin, what are you 8 years old, Fair, Fair is where you go to see and learn about animals if you don't live on a ranch, you need to grow up.....................

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80488mom 6 years, 10 months ago

Condo Guy - gosh if I knew you wanted to "kiss up" I would have invited you over to help trim hooves this morning.

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mikescott323 6 years, 10 months ago

wow. i understand what their kids could possibly feel. but if you werent directly involved in the matter, stop being so nosy. worry about your own families and your own kids. Pam and terri have WONDERFUL strong children. instead of spending hours blogging about others families, take your kids to the park and buy them ice cream. (80488mom)

a mistake means a wrong action, the definiton says nothing of the size of the matter. even with this mistake, these women have been and will be better people than most. Five dollars says that most of you on here dont really know Williams and Fatka like i have.

any wrong doing by them trumps a good action by you,because in the end they are still living their own lives. and not hiding behind a computer riding a high horse when they are too much of a coward to actually assess the situation correctly.

why hide behind this anonymus shell? are you yourselves afraid of conviction?

By the way....pam and terri are blessed. try to bring them down, good luck =]

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OnTheBusGus 6 years, 10 months ago

A 1.2 million dollar MISTAKE? I don't know them but they would have to do an extreme amount of good to offset 1.2 mil. I'm sure they are nice people but if they really did take this much money, how can they be excused for their actions? Not to compare the crimes but people though Ted Bundy was a wonderful person. It just shows that you may never really know a person as well as you think you do.

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raver 6 years, 10 months ago

mikescott-They have already brought themselves down,and they are living their own lives on other peoples money.Blessed?they obviously wanted more materialistic blessings.

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80488mom 6 years, 10 months ago

Makes me glad I'm not blessed Mike. Don't worry about my kids. They have kind of outgrown the park. We won't be going out for ice cream any time soon. One has moved on to fighter jets. You know living the code, "I will not lie, steal or cheat nor tolerate those among us who do." That probably doesn't ring any bells. The other contracts with notable agencies like NASA, National Science Foundation enjoying well deserved success.

I'm glad to hear they have wonderful, strong kids. They are going to need to be strong.

If they have been brought down it's of their own accord. It's called accountability.

And regarding your quote "any wrong doing by them trumps a good action by you because in the end they are living their own lives." ...you have got to be kidding me. You live your own life by providing for yourself not stealing from others to sustain a lifestyle you didn't earn. It's called ethics....not throwing moral integrity out the window. It's having a conscience. I'm sorry. It's beyond me how someone could be so selfish and so self serving to have no regard for their customers, their family, their friends and the community they reside. If anyone is hiding it was them....behind that smile, helpful, courteous demeanor as they robbed them blind. I know one person who went to one of them a few times because his account was short. He chose her because in his words, "she was so nice". He would have believed anything she told him.

I don't think they are going to find any big group hug in this town.

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donk 6 years, 10 months ago

r1100s:

you have erroneous ideas regardidng money and value. I suggest the following for your education:

"Have you ever asked what is the root of money? Money is a tool of exchange, which can't exist unless there are goods produced and men able to produce them. Money is the material shape of the principle that men who wish to deal with one another must deal by trade and give value for value. Money is not the tool of the moochers, who claim your product by tears, or of the looters, who take it from you by force. Money is made possible only by the men who produce. Is this what you consider evil?

"When you accept money in payment for your effort, you do so only on the conviction that you will exchange it for the product of the effort of others. It is not the moochers or the looters who give value to money. Not an ocean of tears not all the guns in the world can transform those pieces of paper in your wallet into the bread you will need to survive tomorrow. Those pieces of paper, which should have been gold, are a token of honor--your claim upon the energy of the men who produce. Your wallet is your statement of hope that somewhere in the world around you there are men who will not default on that moral principle which is the root of money, Is this what you consider evil?

"Have you ever looked for the root of production? Take a look at an electric generator and dare tell yourself that it was created by the muscular effort of unthinking brutes. Try to grow a seed of wheat without the knowledge left to you by men who had to discover it for the first time. Try to obtain your food by means of nothing but physical motions--and you'll learn that man's mind is the root of all the goods produced and of all the wealth that has ever existed on earth.

"But you say that money is made by the strong at the expense of the weak? What strength do you mean? It is not the strength of guns or muscles. Wealth is the product of man's capacity to think. Then is money made by the man who invents a motor at the expense of those who did not invent it? Is money made by the intelligent at the expense of the fools? By the able at the expense of the incompetent? By the ambitious at the expense of the lazy? Money is made--before it can be looted or mooched--made by the effort of every honest man, each to the extent of his ability. An honest man is one who knows that he can't consume more than he has produced.'

Read the whole thing. See Atlas Shrugged by Ayn Rand - Money Speech by Francisco d'Anconia. Better yet, read the whole thing.

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raver 6 years, 10 months ago

people -these women are thieves,they are also sisters in law,{now both divorced from brothers}their kids are all cousins,think they were'nt calculating smart gals?they knew exactly what they were doing and they got greedier and greedier.

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oldskoolstmbt 6 years, 10 months ago

r1100-wah,wah,wah....we have a choice to live in this multi million dollar vacation home valley...in fact these two women have chosen to live here for over 20 years, knowing what kind of economy/industry routt county has, if you can't afford to live here, move!....'partial victims' for ripping off honest people?????wow

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airmanpat 6 years, 10 months ago

I have a simple solution for all of you complaining about the type of economy we have going here in the great ol' USA...... here's the door (along with a free kick in the rear) Look around you, We've got canada above, mexico below, and its only a quick plane ride to any of those countries with a communist government. If you don't like it hear, please, by all means LEAVE NOW! GET OUT! I promise none of these patriotic Americans will miss you! I'm sure you'll find a much better cave in the middle east or N. Korea to hide in. See how sucessful their government is run. Bottom line, you commit a crime, you WILL pay the time. and i must say, i do NOT agree with the bail. Does anyone else besides me think that bail money probably came from that 1.2 mil they stole. So your neighbor who had money stolen, just paid to have these women freed from a jail cell. I hope the IRS can prove all of what they own comes from this stolen money. Ever seen the sopranos, or desperate housewives? If they get caught they loose EVERYTHING! the government has the ability to take away ANYTHING that they believe was bought with stolen money!

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colowoodsman 6 years, 10 months ago

Maybe these women didn't take anywhere near 1.2m. Maybe they were just taking a 'little here and a little there' and some bank exec. found out and figured he could get away with 'a whole bunch' of money and pin it on them!

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thecondoguy1 6 years, 10 months ago

you go airmanpat, when I was a kid in the sixtys we had a neighbor, Mr. Wazney, he was a polish immigrant, always braging about how great Poland was and what a great country, the USA sucked. As soon as he retired he stated he was going to take his wife to Poland for a year, to show her how terrific communism was, and how well people lived, the USA sucked, about six weeks after he left there he was on the corner waiting for the bus, I asked him, Mr. Wazney I thought you were going to be gone for a year, he stated again in his broken english the communists told him he better leave while he was able because all the blabbing he did about how good it was in the USA got him in so much trouble, even his family there shunned him, he couldn't wait to get home...........

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oldskoolstmbt 6 years, 10 months ago

i'm leavin' on a jet plane........

colowood....good thinking, however 'little here and a little there' didn't get u anywhere...but jail. it will be very interesting how this playz out...sending good energy to their kids!!!

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sorryasscapitalist 6 years, 10 months ago

Hey, I'm back. r1100: see Wall Street Journal (capitalist newspaper) - Saturday Feb 23rd (yesterday) page A2 - upper left hand corner.

"Lavisly Rewarded Trio Faces an Embarassing Day" - I won't put the entire article in here, but the CEOs of Countrywide Financial, Merrill Lynch and Citigroup - all of whom just got fired - are going before Congress this Thursday. The Compensation Committee of the 3 companies (that's the board members) will also be forced to appear.

You can bet that isn't going to be fun. There are no doubt some views into insider trading, etc.

Granted, the CEOs may not have done anything illegal and that may be all that happens - a Congressional hearing. But most people who do bad things are caught.

The ladies in Steamboat (and whomever else is involved) should be prosecuted to the fullest extend of the law. As the TV shows say "can't do the time? don't do the crime."

I hope readers can see the marked differences between Liberals and Conservatives in this particular discussion.

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steamboatsconscience 6 years, 10 months ago

sorryass unfortunately the "Tan Man" Mozillo of CFC did not get fired .Yet Dont worry tho, they will continue to lie to Congrease just like they lied to their shareholders while they lined their pockets, Mozillo to the tune of about $1 Bil.

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mikescott323 6 years, 10 months ago

well 80488, the problem doesnt lie in them doing it, it lies in the account holder who didnt notice the money in question missing.

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mikescott323 6 years, 10 months ago

Yes raver.

they are blessed. just watch the things that God will do in their lives, even after this.

props to them for pulling it of for so long.

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steamboatsconscience 6 years, 10 months ago

mike are you totally whacked? or just more sarcastic than everyone else?

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airmanpat 6 years, 10 months ago

where the hell do you get off blaming the innocent customers? So for not checking there statements every month since they have REAL lives, its ok to steal from them... HELLO?!?! i think that is the dumbest remarks I have ever heard! Gimme your account number... watch as i take some money from you... but its ok, your not paying any attention to it. Gimme a break you nutjob! Quit wasting all of our time on nonsense!

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handyman 6 years, 10 months ago

r1100s - Partial victims? Bullsh*t!!! I live here and I live within my means. I work hard and I don't buy more than I can afford. I DON'T STEAL!!! I don't blame society because I don't have lots o' stuff and I may be a "have not."

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sorryasscapitalist 6 years, 10 months ago

Wow! Some really amazing comments. The people who are stolen FROM are partially to blame because they didn't catch the money missing from their accounts! You can't be serious.

And working hard and making money to spend on what you want is somehow wrong, greedy, punishing others.

Maybe some other looney will complete this saga by blaming it on George Bush.

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airmanpat 6 years, 10 months ago

some people are mentioning these women aren't smart... yet in fact these women must have been VERY smart to get away with this for so long. and the city are the one who are "dumb." They were smart because the DID take a little here and there over the course of less than 3 years, and not one lump sum (which would be very noticible very fast.) But they missed one critical move, if they would have taken the money and skipped town, I doubt the city would have every persued this, or caught them. Meaning they would be brilliant for pulling of such a henious crime. So don't underestimate these women. They may just have a few more brain cells than you or i.

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justathought 6 years, 10 months ago

Pretty soon these thieves and others like them can vote o'mama or billary into office and then they won't have to worry about stealing, the government will do it for them. Just to name a few new government programs, health care will be subsidized (bigger and better than medicaid I presume). People that took out high interest loans on over inflated home values without having to prove they had the means to pay them back will get "the help they need" to protect them from the big bad loan bullies (I guess stupidity pays). Every college student will get paid 4,000 a year just to do a little community service (they need this money from the government because the illegals are doing the menial jobs like housekeeping, food service, etc that college students used to do to pay their own way). Every state the dems are in they promise government subsidies to create thousands of new jobs. SO, these women were just taking from the rich to give to the poor (themselves), the same thing the democrats will make legal for the government to do. I guess it all depends on who is doing the stealing.

That said, people really want to trust others sometimes. The teller you talk to weekly, the cashier you know by name, the bartender you gossip with while being waited on, etc; one actually gets comfortable with these people and have a hard time believing they will be the one's ripping them off. Their bail should have been equal to the amount they stole and they need to get STIFF sentences, not only did they steal money but they made cynics out of the people that trusted them.

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Dukebets 6 years, 9 months ago

justathought - I believe McCain is the one being investigated by the SEC.

Who was in office the last 8 years when all those supposed bad loans were funded?

You can answer the last one for yourself.

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STEMBOATwannabe 6 years, 9 months ago

It doesn't seem possible that these two women would be capable of master minding such a crime. There must be someone else. Somewhere. I hope they keep looking.

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airmanpat 6 years, 9 months ago

there is some really SICK people in this town... I'm so ASHAMED to say i'm a member of the steamboat springs community

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handyman 6 years, 9 months ago

I'm not ashamed to say that I'm a member of the Steamboat Springs community. I won't be ashamed of anybody's actions but my own.

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justathought 6 years, 9 months ago

What does not matter who was in office when the loans were funded, I did not see Bush holding a gun on any of these idiots to make them take out a loan they knew they couldn't afford; just because someone offers you crap doesn't mean you have to be dumb enough to take it. As for McCain, keep digging, maybe you can find something a little more substantial than the gossip written up in the NY Times. Neither McCain nor Bush has a darn thing to do with the outrageously expensive social programs omama and billary are spouting they will implement, now I wonder where the money is going to come from.

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freerider 6 years, 9 months ago

They should have run for public office and taken bribes from the 700 club ....would have got away with it just like the Grand Summit rip-off

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bloggyblog 6 years, 9 months ago

blog thinks it doesn't take much brains to steal. one of the biggest heist's in U.S. history was pulled off by a handful of morons from Brooklyn(no offense to Brooklyn).

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steamboatsconscience 6 years, 9 months ago

justathought (troll) Uh the money will come from ending the immoral war Little George started in Iraq thats costing us a half a Trillion dollars. bloggy careful what you say! I was born in Brooklyn and still have some relatives there in the "business" if you capiche, paisan!

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justathought 6 years, 9 months ago

There are none so blind as those that will not see.

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stmbtprof 6 years, 9 months ago

oh hmm didnt these women work somewhere else besides the bank and money came up missing..as in a downtown ladies dress store on lincoln ave and EIGHT ST WEST???ANYONE ELSE REMBER THAT? YES AND I TRUSTED THESE WOMWN AND ONE HAD BEEN TO MY HOME SEVERAL TIMES AND LOVED SHOWING ME HER NEW GOLD JEWLERY AND TELLING ABOUT ASSORTED TRIPS...NOW I KNOW WHERE THE MONEY CAME AND I THOUGHT SHE WAS SUCH A GREAT EMPLOYEE...I FEEL VERY BETRAYED...

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steamboatsconscience 6 years, 9 months ago

thought(oxymoron) I'd rather pay for health care than body bags.

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thecondoguy1 6 years, 9 months ago

SBC, freedom is not free, sombody pays for that as well............

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Kojak 6 years, 9 months ago

God Bless America, Land that I love. Stand beside her, And guide her, Through the night With the light from above, From the mountains...To the prairies...To the ocean, White with foam......... God bless America, My home sweet home!

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STEMBOATwannabe 6 years, 9 months ago

does anyone know how certain artlcles could have comments posted and they are then pulled off the popular list?? How many weeks are they going to keep the article about Isreal going??? Does the SPT act on these blogs that way?? Is this how they censure their paper?

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id04sp 6 years, 9 months ago

All of this money was apparently stolen from only 5 customers.

How does somebody miss $200,000 in a regular checking account? Why would anybody ever put $200,000 in a bank passbook savings account? Doesn't make sense. Anybody with that kind of money flowing in and out of a regular bank as part of a business would certainly miss it before 2-1/2 years went by. That's a lot of cash flow.

A person who had that kind of income or even static assets would not let it be held in low-interest accounts in a regular bank. It would have been invested SOMEWHERE, right? Even a Merrill Lynch CMA is better than a bank when you need to keep liquid cash around.

If the thieves knew that the money they were taking was from an illicit source (such as trafficking) they might think that the customer couldn't afford to complain. We're talking about something around $10,000 per week being stolen on the average.

We haven't heard all the details yet. This is going to get more interesting as more comes out. Wouldn't it be something if the reason for "discovering" these thefts was that the customers who were victimzied were being investigated for some other crime, and the feds want to know where the money went? Tax is owed even on money obtained from an illegal source, and the IRS could be the agency that "discovered" the thefts.

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