News Story


Newbury Park Financial Planner Arrested Second Time for Embezzlement
5/12/2015 9:58:00 AM


Nature of Incident:

Former Financial Planner arrested again for Embezzling from the Elderly.


Report Number:

RB# 15-6928


 Calle Loma Vista, Newbury Park

Date & Time:

May 11, 2015 @ 0730 hours.

Unit(s) Responsible:

Special Services / Major Crimes

(S)uspects, (V)ictims, (P)arty, (D)ecedent

City of Residence


Hormell, Rod Scott

Newbury Park



A Newbury Park man who is currently on felony probation for Financial Elder Abuse was arrested following a search and arrest warrant at his residence.


In January 2015, the victim's family member contacted the Ventura County Sheriff's Office after reading a press release from the Ventura County District Attorney's Office reference Rod Hormell's arrest and conviction in 2013. The family member alleged Hormell had embezzled $100,000.00 dollars while employed as the victim's financial planner.  Detectives from the Major Crimes Bureau and the Department of Business Oversight conducted an investigation and developed sufficient probable cause to arrest Hormell for Financial Elder Abuse and Offering or Selling Securities.


The Ventura County Sheriff's Office is committed to protecting the elderly citizens within our community.  We encourage anyone who believes they were victimized by Hormell to contact the Ventura County Sheriff's Office / Major Crimes Bureau.


Prepared by:

Sergeant William Therrien


News Release Date:

May 11, 2015


Media Follow-Up Contact:

Sergeant William Therrien  




Approved by:

Captain Melissa Smith



Ventura County Crime Stoppers will pay up to $1,000 reward for information, which leads to the arrest and criminal complaint against the person(s) responsible for this crime.  The caller may remain anonymous.  The call is not recorded.  Call Crime Stoppers at 800-222-TIPS (8477).