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Fresno man pleads guilty to fraud after running $4.2M Ponzi scheme to pay for luxury cars, mansionA man accused of orchestrating a Ponzi scheme to steal more than $4.2 million pleaded guilty on Monday in federal court. Royce Newcomb, 62, of Fresno, changed his plea on charges of wire fraud and ...
Royce Newcomb, 62, was the owner of Strategic Innovations ... convicted for wire fraud and money laundering. SACRAMENTO - A Fresno man who allegedly siphoned $4.2. million from investors and ...
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