Former S&L; Owners’ Trial Delayed: U.S. District...
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Former S&L; Owners’ Trial Delayed: U.S. District Judge David V. Kenyon has delayed the criminal trial of the former owners of Orange-based Ramona Savings & Loan until June 13 because of a scheduling conflict. John L. Molinaro and Donald P. Mangano were scheduled to stand trial begining today on more than 30 criminal charges including bank fraud and conspiracy in connection with a Palm Springs real estate deal that regulators say contributed to Ramona’s September, 1986, collapse. A spokesperson for the U.S. Attorney’s Office said a lengthy civil lawsuit Kenyon is currently hearing forced the postponement.
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