California Man Sentenced to Nine Years for Ponzi Scheme Defrauding 93 Victims

Federal prosecutors have secured a nine-year prison sentence against a California man who ran a Ponzi scheme for more than 25 years. Edwin Emmett Lickiss Jr., 78, of Danville pleaded guilty to wire fraud and money laundering after taking more than $9.5 million from at least 93 victims from 1998 through September of 2024, says the U.S. […] The post California Man Sentenced to Nine Years for Ponzi Scheme Defrauding 93 Victims appeared first on The Daily Hodl.