Full Notification

At approximately 11:15 AM, on Saturday, April 19, 2014, Detectives from the Los Angeles County Sheriff’s Department Fraud and Cyber Crimes Bureau served an arrest warrant on the 10800 block of New Street, Downey, and arrested 45 year-old Jose Carbajal for Financial Abuse of the Elderly.

The investigation began in August 2013, when an elderly victim contacted deputies at the Lakewood Station and told them she received a $125,000, tax bill from the Internal Revenue Service (IRS). The elderly woman learned from the IRS that the tax bill resulted from a large monetary transfer associated with her investment account, which was managed by Carbajal, who is an independent certified financial advisor. As the investigation progressed additional victims were identified, including a Baptist Mission.

A search warrant was served at Carbajal’s home in August 2013. At that time records were seized and Carbajal was made aware of the investigation.

On Thursday, April 17, 2014, detectives learned of a Financial Planning Seminar in the city of Downey where the guest speaker was Jose Carbajal. Elder Fraud Detectives were concerned that additional people would be victimized by Carbajal; therefore, worked closely and diligently with the District Attorney’s Elder Abuse Section to bring the investigation to completion. Charges were filed and an arrest warrant was obtained late Friday, April 18, 2014.

Carbajal was arrested at the seminar which was attended by six people. Carbajal was booked at Lakewood Sheriff’s Station and is being held in lieu of $325,000 bail.

Anyone with information about this incident is encouraged to contact the Los Angeles County Sheriff's Department's Fraud and Cyber Crimes Bureau, Detective Michael Barlow, (562) 522-6056. If you prefer to provide information anonymously, you may call "Crime Stoppers" by dialing (800) 222-TIPS (8477), or texting the letters TIPLA plus your tip to CRIMES (274637), or by using the website http://lacrimestoppers.org.

Authored by:
Brian Morris, Sergeant

Forwarded by:
Kim Manatt, Deputy
Sheriff's Headquarters Bureau - Newsroom
Los Angeles County Sheriff's Department
323-267-4800
Email: [email protected]
Website: http://www.lasd.org
Follow us at: Text and Emails, LASD HQ: http://www.Nixle.com
http://nixle.com/lasd----hq-newsroom-shb-los-angeles-county-sheriff/
Twitter: @LASDHQ http://twitter.com/LASDHQ
Twitter: @LASDtalk https://twitter.com/LASDTalk
Twitter: @LASDvideos https://twitter.com/LASDvideos
Twitter: @LASDespanol https://twitter.com/LASDespanol
Facebook LASD HQ: http://www.facebook.com/LosAngelesCountySheriffsDepartment
Instagram LASD Photos: http://instagram.com/LASDHQ Pinterest
LASD Photos : http://pinterest.com/lacountysheriff/
YouTube LASD Videos: http://www.youtube.com/user/LACountySheriff/videos?view=0
Alert LA County: Telephone emergency mass notification system http://www.lacounty.gov/wps/portal/alertla
SNAP LA County: Specific Needs Disaster Voluntary Registry http://snap.lacounty.gov/

Text & Email, Register for LASD Nixle messages: To receive more detailed, up-to-date information via E-MAIL and/or TEXT directly from the Los Angeles County Sheriff’s Department (LASD), sign up for "Nixle" alerts at http://www.Nixle.com and register for "LASD – Headquarters Newsroom (SHB), Los Angeles County Sheriff" AND your local LASD station area. Or, to receive URGENT TEXT ALERTS ONLY, text your zip code to 888777. Standard text messaging rates may apply depending on your calling plan.

"If You See Something, Say Something"
LA Crime Stoppers: Partner to prevent or report crime by contacting your local Sheriff’s station. Or if you wish to remain Anonymous, call “LA Crime Stoppers” by dialing 800-222-TIPS (8477), texting the letters TIPLA plus your tip to CRIMES (274637), or using the website http://lacrimestoppers.org

John L. Scott, Sheriff
Los Angeles County Sheriff's Department