An Orange County man convinced parents and grandparents he met through his children's sports program to invest money in a business, promising high and quick returns. He collected about $350,000 from nine victims whose money was never invested, nor returned. When victims asked about their investments, he would devise elaborate excuses and would write checks with insufficient funds.
The man pled guilty to seven felony counts of securities fraud, eight felony counts of "passing non-sufficient funds checks" and one felony count of forgery. He also admitted to sentencing enhancements for committing aggravated White Collar Crime over $100,000 and property loss over $200,000. He is sentenced to 6 years in State Prison and must pay restitution and a fine totaling $887,944.
If you, or someone you know has been charged with forgery passing bad checks, securities fraud, or any other type of
fraud crime or
White Collar crime it is important to
contact an aggressive Los Angeles criminal defense lawyer who can protect your future.