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L.A. police arrest Camarillo businessman

By   /   Friday, September 19th, 2008  /   Comments Off on L.A. police arrest Camarillo businessman

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A Camarrillo business owner and another man are in custody in connection with the July 28 stabbing death of the businessman’s estranged wife.

James Michael Fayed, 45, co-owner of e-Bullion and Goldfinger Bullion & Coin, was arrested Sept. 11 while appearing in federal court in Los Angeles on an indictment for alleged illegal operation of a money-trading business. He was arrested last month in his Moorpark-area home by FBI agents.

Los Angeles police arrested Fayed and Jose Luis Moya, 47, on murder and conspiracy charges in the death of Pamela Fayed, the co-owner of the two Camarrillo international gold-trading businesses.

The Fayeds were in the middle of a contentious divorce. Pamela Fayed alleged her estranged husband denied her access to their business records. She was fighting to have the businesses taken from his control for the remainder of the divorce.

A hearing on that matter was slated for the day she was killed.
James Fayed’s initial arraignment for the murder and conspiracy charges on Sept. 15 was delayed, the Los Angeles County District Attorney’s Office said.

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