On the tail of being evicted from the premises of his popular Menlo Park dry-cleaning business, Menalto Cleaners, owner Edwin Gary Smith has been arrested on 40 felony counts related to credit card fraud, according to Menlo Park police.
Mr. Smith, a 63-year-old Menlo Park resident dubbed the "Mayor of Menalto," was taken into custody on Wednesday, Jan. 14.
Police said the investigation that began in October uncovered an alleged theft of more than $678,000 from at least 38 customers of the dry cleaning business. Their credit cards were "overcharged large amounts," investigators said, from December 2011 to October 2014.
The San Mateo County Sheriff's Office confirmed that Mr. Smith had been evicted from the building, located at 1921 Menalto Ave., on Tuesday, Jan. 13. Sources told the Almanac that new owners would be taking over the business.
Cmdr. Dave Bertini said no other arrests are pending at this time.
The allegations include felony identity theft, credit card fraud and elder fiduciary abuse, although all but one alleged victim is under the age of 65, Cmdr. Bertini said.
Police said Mr. Smith was taken into custody at his home without incident about 1:50 p.m., and he was booked into county jail. Bail has been set at $500,000.
Mr. Smith did not respond to a request for comment on Tuesday regarding the eviction.