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https://abc7.com/huntington-park-police-man-beaten-life-savings-stolen-bank-money/6356889/

Authorities are searching for the suspect who attacked and robbed a man of his life savings after he had just withdrawn the money from the bank.
HUNTINGTON PARK, Calif. (KABC) -- Authorities are searching for the suspect who attacked and robbed a man of $200,000 at a Huntington Park bank parking lot last week.

Francisco Cornejo was beaten and is still bruised after getting his life savings ripped away. After withdrawing money from a Chase Bank, he was attacked.

Through his attorney, he said the suspect got away with hundreds of thousands of dollars.

"He was parked as closely as possible to the bank, knowing he was going to withdraw a large amount of cash. As soon as he got to his car, before he was able to get to his car, he was grabbed and beaten," attorney Nathan Soleimani said.

Video: Nearly 40 years of life savings stolen in brazen burglary

A senior couple in SF, who immigrated to America nearly 40 years ago, is heartbroken after their life savings was taken from them. A senior law enforcement official confirmed Asian American families are often targets because they keep cash in their homes.


Cornejo said after the sale of his home, he withdrew everything out of his bank in Huntington Park - all $200,000.

"He was literally fighting for his life savings," Soleimani said. "And when he was being beaten he was doing his best to try and retain the bag that he brought with him."

Soleimani said investigators are looking into surveillance video from the bank. Video shows the suspect running away from the scene and Cornejo on the ground.

A representative from the Chase Bank on Belgrave Avenue and Pacific Boulevard also says they're working with law enforcement.

The FBI is now involved in the search for the suspect.

"Thank God he's alive. His family is grateful he got out of it with just the injuries that he has," Soleimani said. "At the end of the day, they're thankful for him being here."

Anyone with information is asked to call Huntington Park police.


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OK, I'll ask - WTH would one withdraw that much in the form of greenbacks?


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Given the liabilities, I'm surprised you're allowed to walk out with $200k and no security.

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Originally Posted by SKane
OK, I'll ask - WTH would one withdraw that much in the form of greenbacks?



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It doesn't seem very likely that any bank has 200K in cash on hand to give to any one person. Banks prefer NOT to do this. But I have a hard time believing this story for a few reasons.


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Just plain stupid!

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Originally Posted by HuntnShoot
It doesn't seem very likely that any bank has 200K in cash on hand to give to any one person. Banks prefer NOT to do this. But I have a hard time believing this story for a few reasons.

This...


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Banks don't have $200k in cash, except by special order, arranged in advance.

Which means it's a bullshit story and gofundme scam, or it was an inside job.

Why does somebody just happen to be videoing it?

Whatever the thief's carrryin don't look big enough ta hold $200k, even in bundled 100s.

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Who knew that he was withdrawing the money? Family or “friends” of the family are where I’d initially focus the investigation.


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Fishy story, all the way around.

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This is why they invented cashier's checks. No way in Hades I would walk any street in any city with that much cash on me.


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And they have to report to the DEA any cash withdraws $10,000 and over.


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And somebody just happened to be waiting outside for him......had to be an inside job.....

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If the story's true, he likely ordered the money so he could pick it up. People talk. Inside job .


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Originally Posted by Rock Chuck
If the story's true, he likely ordered the money so he could pick it up. People talk. Inside job .



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Originally Posted by hanco
Originally Posted by Rock Chuck
If the story's true, he likely ordered the money so he could pick it up. People talk. Inside job .



That


Exactly. More to this story.


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Originally Posted by AcesNeights
Who knew that he was withdrawing the money? Family or “friends” of the family are where I’d initially focus the investigation.




Or bank employees.......

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Yea well, there is a story there somewhere...but that ain't it !!! IMO


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Originally Posted by David_Walter
And they have to report to the DEA any cash withdraws $10,000 and over.


Maybe in the land of Miami Vice


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Originally Posted by Fubarski
Banks don't have $200k in cash, except by special order, arranged in advance.

Which means it's a bullshit story and gofundme scam, or it was an inside job.

Why does somebody just happen to be videoing it?

Whatever the thief's carrryin don't look big enough ta hold $200k, even in bundled 100s.
The article says he'd parked very close to the bank and their surveillance cameras got a little of it.


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