MILWAUKEE, Wis. (WTAQ) - Three members of a former Milwaukee family have pleaded not guilty to stealing almost $4 million.
Prosecutors said 64-year-old Archie Cabello and his 39-year-old son Vincent staged robberies at armored car companies where they worked over the last 15 years. They and Archie’s 58-year-old wife Marian are accused of using false names to get credit cards and money orders to try and hide the money stolen in the robberies.
Authorities said they used part of the cash on a Hummer and various living expenses. And they allegedly filed false tax returns for several years, listing their annual incomes as low as $10,000.
Officials said one of the staged hold-ups occurred in 1995, when $158,000 was stolen from a Dunbar vehicle. Three years later, $730,000 were taken from a vault during a holdup at Milwaukee’s American Security Corporation. And another $3 million was lifted in a 2005 heist in Portland Oregon, six years after the family had moved there.
That was the first time the Cabellos had been considered as suspects. Assistant U.S. Attorney Claire Fay uncovered their alleged scheme, including the 2 prior Milwaukee holdups. The Cabellos were freed after their plea hearings this week in Portland. But Archie and Vincent Cabello must wear monitoring devices.