Does anyone wonder why it would take so long for an indictment from Riverside DA Rod Pacheco?
We understand there are still some indictments coming, this from the Federal side. Is this a sign of incompetence from those running Pechanga? Since the premiums were overcharged to Pechanga, does Pechanga owe any of that to the state? Wouldn't their "net win" now be higher?
A man who allegedly overcharged the Pechanga Band of Luiseno Indians $4 million in insurance premiums, and another who worked for the tribe, were charged with grand theft in indictments unsealed today.
James William Riley, a 46-year-old insurance broker, is also charged with commercial bribery and money laundering.
Ryan Jay Robinson, the 39-year-old former chief financial officer for the Pechanga Resort & Casino and the Tribal Government Center, is also charged with commercial bribery.
The men allegedly committed the crimes in 2006 and 2007, according to Ryan Hightower of the Riverside County District Attorney’s Office.
The indictment states that after Hurricane Katrina, Riley overcharged the Pechanga Development Center by more than $4 million in insurance premiums, Hightower said.
Pechanga Chairman Mark Macarro Statement:
We uncovered evidence of fraud and theft against the Pechanga Tribe and immediately launched a detailed internal investigation," Pechanga Tribal Chairman Mark Macarro said in a written statement. "Our investigation found millions of dollars were stolen. It is our understanding that no patrons, employees or business partners were affected by the inappropriate activities of these individuals."
We say in the headline that Pechanga is not indicted. The amount of insurance lost to those they unconstitutionally disenrolled is THREE times this loss. More on that later....