SAN DIEGO (CNS) - A Poway woman pleaded guilty Thursday to a misdemeanor count of operating a loan sharking business and was immediately sentenced to probation and ordered to repay her victims nearly $24,000 in restitution.
Lirio Lee Ramos, 56, loaned money to co-workers at exorbitant interest rates that exceeded 480 percent per year, according to the San Diego City Attorney's Office.
According to a criminal complaint, the illegal activities happened between May 2009 and December 2010.
Prosecutors said they received a complaint that Ramos was trying to enforce debts that appeared to carry unlawfully high interest rates.
The city attorney's investigation revealed that Ramos loaned money to financially strapped co-workers, many of whom were dealing with personal emergencies, between May 2009 and December 2010, charging a minimum of 20-30 percent interest that she compounded every two weeks.
According to City Attorney Jan Goldsmith, Californians may make personal loans to friends and family members, who in turn may use those loans for personal, family or household purposes, but only at an annual interest rate of 7-10 percent.
Businesses engaged in the lending business, like banks and credit card companies, are regulated in other ways and are not subject to the 10 percent interest-per-year cap, Goldsmith said.
A suspected drunk driver was shot by sheriff's deputies after leading them on a pursuit across North County freeways Friday night, the San Diego County Sheriff's Department said.
Fire crews responded to a fully involved building fire in the 7000 block of Amherst Drive in Rolando.
The woman fatally shot at an Oceanside apartment Friday afternoon was identified as a Navy corpsman, and a suspect is in custody.
Warner Bros. brought out all the stops Saturday at Comic-Con with an army of stars, surprises and new footage from films like "Aquaman," ''Shazam!" and even "Wonder Woman 1984," which is only three and a half weeks into production.
Detectives are investigating the circumstances surrounding a man who died Saturday morning on a sidewalk in Old Town.
Fire crews have reached full containment of a wildfire that spread over hilly rural terrain east of Ramona Friday afternoon, officials said.
A strong high pressure ridge will slowly strengthen and expand, putting Southern California underneath it's dome of hot air.
For years, Honor Flight San Diego has fulfilled its mission to fly San Diego’s war heroes to Washington D.C. to visit the memorials dedicated to their service.
Day two of Comic-Con has come and gone, but tens of thousands of people are still hitting the streets of downtown San Diego – pumping thousands of dollars into the local economy.
A 2-year-old girl is in the hospital Friday with serious injuries after she fell from a fourth-floor window at an apartment complex in San Diego's University City neighborhood, police said.