ALLEGATIONS AGAINST RANDLE
WEDNESDAY FEBRUARY 11, 2015
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ZAPATA NATIONAL BANK
EAGLE FORD SHALE
Both women convicted
Oil, gas company to cut jobs
Two will face up to 30 years for embezzling money SPECIAL TO THE TIMES
Two Zapata women have both been convicted of embezzling money in a long-running bank fraud scheme targeting Zapata National Bank, United States Attorney Kenneth Magidson announced Tuesday. Anita Arredondo, 53, entered her plea this morning, while Petra Del Bosque, 54, previously pleaded last month. Del Bosque is a former employee of Zapata National Bank, while Arredondo worked for a Zapata-based construction company as a clerk in the accounts payable department
and had responsibility for issuing company checks. For two years, Arredondo issued numerous false company checks made payable to contractors who had not performed the work that was the alleged basis for the checks. Arredondo admitted to endorsing the false checks by forging the signatures of the contractors and then delivering the checks to Del Bosque at ZNB. Del Bosque led ZNB tellers to believe she was cashing the checks on behalf of the contractors who were unable to come to the bank themselves
and that she would deliver the funds from the cashed checks. However, she actually pocketed the money and split the proceeds of the fraud with Arredondo. Both have admitted that the loss as a result of the scheme totals more than $800,000. U.S. District Judge Marina Garcia Marmolejo accepted the pleas and has set sentencing for April 28, 2015. At that time, each faces up to 30 years in federal prison and a possible $1 million fine. The FBI investigated, and Assistant U.S. Attorneys Robert S. Johnson and Sanjeev Bhasker are prosecuting the case.
ENVIRONMENT
CLIMATE CHANGE WORRY
Photo by Monica Almeida | New York Times
A refinery in Los Angeles, is seen from the predominantly Hispanic neighborhood of Wilmington, Feb. 6. One reason Hispanics may be concerned about global warming is that they often live in areas directly exposed to pollution.
Hispanics see change as it affects them personally By CORAL DAVENPORT NEW YORK TIMES
WASHINGTON — Alfredo Padilla grew up in Texas as a migrant farmworker who followed the harvest with his parents to pick sugar beets in Minnesota
each summer. He has not forgotten the aches of labor or how much the weather — too little rain, or too much — affected the family livelihood. Now an insurance lawyer in Carrizo Springs, Texas, he said he was concerned about global
warming. "It’s obviously happening, the flooding, the record droughts," said Padilla, who agrees with the science that human activities are the leading cause of climate change. "And all this affects poor people harder. The
jobs are more based on weather. And when there are hurricanes, when there is flooding, who gets hit the worst? The people on the poor side of town." Padilla’s concern is echoed by
See CLIMATE PAGE 11A
Halliburton will lay off up to 6,160 ASSOCIATED PRESS
NEW YORK — Oil and gas drilling services company Halliburton said Tuesday that it will eliminate at least 5,000 jobs in response to falling oil prices. The Houston company said it will lay off 6.5 to 8 percent of its staff, which represents 5,005 to 6,160 employees based on its total from the end of 2014. The company said the cuts will come from all areas of its operations and that the moves are necessary because of the difficult market. Halliburton did not provide any details on the timing of the cuts or what the moves might cost. Halliburton Co. also cut about 1,000 jobs from its Eastern hemisphere workforce in December. Halliburton said the moves are not related to its pending acquisition of competitor Baker Hughes Inc. Shares of Halliburton fell $1.13, or 2.6 percent, to $42.38 in afternoon trading. Oil prices plunged 60 percent from June to January, although they have recovered some of those losses recently. In January Halliburton said 2015 will be a difficult year for its industry, saying its customers have cut their capital spending budgets by 25 or 30 percent in response to lower oil prices. Halliburton also took $129 million in restructuring charges because of expected business declines. Halliburton competitor Schlumberger Ltd. said in January that it would eliminate 9,000 jobs in response to falling oil prices. That represented about 7.3 percent of Schlumberger’s staff. Also last month, Halliburton takeover target Baker Hughes said it would lay off about 7,000 workers as it braced for a downturn in orders because of the plunge in crude prices. That represented about an 11 percent cut to the 62,000-plus workers Baker Hughes says it employs worldwide.
RIO GRANDE VALLEY
Patrick wants $12 million to keep guard on border By JULIÁN AGUILAR TEXAS TRIBUNE
Saying that drug cartels are “ramping up” their efforts as the Texas National Guard prepares to leave the Rio Grande Valley next month, Lt. Gov. Dan Patrick announced Tuesday that he’s seeking an additional $12 million to keep the troops there through May. Beyond that, he added at a Capitol news confer-
ence, he would work to get a supplemental bill to fund deployments through August, in the hopes that the Texas Legislature would pass a budget that includes deployment funding beyond that. The Senate’s budget includes about $815 million for border security, which is more than the previous seven years combined. “Under no circumstances should we have a complete pullout of the Nation-
al Guard next month,” Patrick said. “We have that [$12 million], and we need to spend that money to keep the Guard there.” The National Guard was deployed last summer in response to the surge of unaccompanied minors and family units, mainly from Central America, who breached the TexasMexico border. Former Gov. Rick Perry ordered up to 1,000 troops in response. That was in addi-
tion to a surge of Texas Department of Public Safety officers, which Patrick said would remain in place. Patrick did not say if any of the Guard members’ duties would change should the $12 million be approved. They are currently used for surveillance and other support roles and do not have arresting powers.
See GUARD PAGE 11A
Photo by Ricardo B. Brazziell/Austin American-Statesman | AP file
Lt. Gov. Dan Patrick talks about his vision for the Texas Senate during a news conference at the Texas State Capitol on Jan. 8.