Archie Cabello, age 64, his wife Marian Cabello, age 58, and son, Vincent Cabello, 39, all of Portland, Oregon, were indicted by a federal grand jury with 51 counts of conspiracy to steal and possess bank money, make false statements in credit card applications, and filing a false tax return, and money laundering.
The indictment alleged that Archie and Vincent Cabello staged robberies of bank money from armored car companies, which were designed to make it look like other persons had stolen the money, when in fact the Cabellos took it:
(1) On August 5, 1995, Archie Cabello staged the robbery of approximately $157,839 from the armored car he was driving for Dunbar Federal Armored Express, Inc., in Milwaukee, Wisconsin.
(2) On July 13, 1998, Vincent N. Cabello staged a robbery of approximately $730,000 from the vault at American Security Corporation in Milwaukee, Wisconsin, where he was working as a shipping and receiving clerk.
(3) On December 6, 2005, Archie Cabello staged a robbery of approximately $3 million from the armored car he was driving for Oregon Armored Services (OAS), in Portland, Oregon.
The conspiracy charge is punishable by five years in prison, and a $250,000 fine. The bank larceny and possession of stolen bank money charges have maximum penalties of 10 years in prison, and fines of up to $250,000. Each false credit application charge carries a maximum penalty of 30 years in prison and a $1,000,000 fine. The false tax return charge has a maximum penalty of three years in prison and a $250,000 fine. Each of the money laundering charges has a maximum penalty of 20 years in prison and a $500,000 fine