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PV man indicted<br />

on fraud charges<br />

A Portola Valley man has been<br />

indicted on charges of bank fraud<br />

and money laundering in connection<br />

with a car business he helped<br />

to manage, federal prosecutors<br />

announced Oct. 20.<br />

U.S. Attorney Kevin Ryan said<br />

Dennis Di Ricco, 56, the former<br />

chief financial officer of Fleetcars.<br />

com Inc., was indicted by a federal<br />

grand jury on July 20 on five<br />

counts of bank fraud and four<br />

counts of money laundering.<br />

The indictment was issued under<br />

seal and was unsealed on Oct. 17.<br />

Fleetcars bought large fleets of<br />

used cars from rental car companies<br />

and sold the cars in smaller lots<br />

to retail car dealers, Mr. Ryan said.<br />

Mr. Di Ricco is accused of defrauding<br />

Wells Fargo Bank by submitting<br />

false loan applications in 2001.<br />

The indictment alleges that<br />

Mr. Di Ricco told the bank that<br />

arrangements had been put in<br />

place to sell certain cars that were<br />

being used to secure the loan. In<br />

fact, those car sales had already<br />

been used to secure earlier loans,<br />

according to the indictment.<br />

Mr. Di Ricco is also accused of<br />

hiding car sales from Wells Fargo<br />

14 ■ The <strong>Almanac</strong> ■ October 25, 2006<br />

■ NEWS BRIEFS<br />

by depositing proceeds from sales<br />

financed by Wells Fargo into an<br />

account at a different bank.<br />

Mr. Ryan said Mr. Di Ricco’s<br />

next court appearance will be<br />

before U.S. District Judge William<br />

Alsup on Nov. 7 to set a trial date.<br />

—Bay City <strong>News</strong> Service<br />

Police arrest suspect<br />

on weapons charges<br />

Menlo Park police pursued and<br />

arrested an East Palo Alto man<br />

Oct. 21 following an incident<br />

that began with gunshots from a<br />

vehicle near Terminal Avenue.<br />

Cristian Amaya, 23, was arrested<br />

on multiple weapons charges<br />

and resisting arrest.<br />

At about 1:45 a.m., police<br />

were advised that gunshots were<br />

being fired from a black SUV<br />

near the 300 block of Terminal<br />

Avenue.<br />

Police units located the vehicle<br />

— a black LI 2000 Lincoln Navigator<br />

— and pursued it through<br />

the Belle Haven neighborhood.<br />

Mr. Amaya and another sus-<br />

N E W S<br />

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Candidates admit errors at forum<br />

Uncharacteristic of a Menlo<br />

Park City Council race that has<br />

two camps criticizing one another,<br />

both sides acknowledged, during<br />

an Oct. 17 candidates forum, they<br />

have made mistakes.<br />

About 25 people gathered for the<br />

forum, which was hosted by parents<br />

with children in the Burgess<br />

child care programs.<br />

Candidate Heyward Robinson,<br />

who is running with Vincent<br />

Bressler and Richard Cline in opposition<br />

to the current council majority,<br />

acknowledged that a campaign<br />

flier funded by a political action<br />

committee in favor of the three<br />

opponents is misleading.<br />

He was responding to Nick Naclerio,<br />

the campaign manager for the<br />

“majority camp” (incumbents Ms.<br />

Duboc and Ms. Winkler and newcomer<br />

John Boyle), who asked Mr.<br />

Robinson to justify the flier.<br />

The flier says that sales tax rev-<br />

pect abandoned the vehicle while<br />

it was still rolling, and ran<br />

from the officers, said Sgt. Eric<br />

Cowans of the Menlo Park<br />

Police Department. The vehicle<br />

continued to roll and struck an<br />

apartment building, but no one<br />

was injured, he said.<br />

Police found a loaded handgun<br />

■ MENLO ELECTION<br />

Post opinions, comments in Town<br />

Square: www.<strong>Almanac</strong><strong>News</strong>.com<br />

enues have dropped 50 percent<br />

since Councilwomen Mickie Winkler<br />

and Lee Duboc were elected to<br />

the council in 2002, although the<br />

bulk of the revenue decrease took<br />

place from 2000 to 2002 — before<br />

the incumbents took office.<br />

The credibility of one of the<br />

majority camp’s arguments was<br />

also questioned.<br />

Resident Jeff Young asked the<br />

candidates to list examples of<br />

sports fields built atop Bay Area<br />

capped landfills, similar to the<br />

conceptual designs to build fields<br />

at the 160-acre Bayfront Park.<br />

The candidates’ Web site says<br />

there are “several parks on landfills<br />

in the Bay Area,” to justify exploring<br />

building fields at Bayfront<br />

inside the vehicle. The East Palo<br />

Alto Police Department assisted<br />

in the search.<br />

USGS talk on<br />

Parkfield earthquake<br />

Geophysicist Andy Michael will<br />

talk about the lessons learned from<br />

® ®<br />

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�<br />

Park, which sits atop a closed<br />

landfill, but they could not answer<br />

Mr. Young’s question.<br />

Ms. Duboc said the information<br />

on the Web site pertaining to fields<br />

built atop Bay Area landfills would<br />

be changed.<br />

Measure J<br />

Five-minute presentations for<br />

and against Measure J, the advisory<br />

ballot measure that asks Menlo<br />

Park voters if the city should<br />

pursue building fields on no more<br />

than 17 acres of the 160-acre Bayfront<br />

Park, can be viewed online.<br />

To view the presentations, go to<br />

SmartVoter.org/ca/sm, click on<br />

“Local Measures,” select “Measure<br />

J,” and click on “Watch a 5<br />

minute presentation from each<br />

side of Measure J.”<br />

Quicktime Player and a highspeed<br />

Internet connection are<br />

required to view the videos.<br />

the 2004 earthquake in Parkfield,<br />

California, at the U.S. Geological<br />

Survey free monthly lecture on<br />

Thursday, Oct. 26, at 7 p.m. in<br />

Building 3 on the campus at 345<br />

Middlefield Road, in Menlo Park.<br />

For more information, call<br />

329-5000; or go to online.<br />

wr.usgs.gov/calendar.<br />

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©2006 Nestlé Waters North America Inc. NWNA4364

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