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Local - Crime & Courts

Wednesday, Jun. 17, 2009

Modesto man arrested on suspicion of cashing stolen treasury bonds

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A Modesto man was arrested Monday after he was caught allegedly trying to cash stolen U.S. Treasury Savings Bonds at Guaranty Bank at 3380 McHenry Ave., according to the Escalon Police Department.

Police were called to the bank at 2:14 p.m. after receiving a call that Mark McFarland, 43, was attempting to cash the stolen bonds.

He was detained while police investigated further. It was discovered, according to police, that McFarland allegedly cashed stolen saving bonds at the same bank five days earlier.

McFarland, a wanted parolee, was booked at the San Joaquin County Jail on charges including burglary, forgery, possession and use of fake identification cards, possession of stolen property, and an outstanding Santa Clara County warrant and parole violation.

He is being held without bail while the incident is being investigated by Escalon police and several other law enforcement agencies.