Federal and International

Unlicensed Trader Pleads Guilty in Los Angeles for Role in Fraudulent High Yield Investment Program Scheme

Washington, DC—(ENEWSPF)—July 21, 2014. An unlicensed trader who solicited $500,000 from undercover FBI agents to invest in a fraudulent high yield investment program pleaded guilty today in federal court in Los Angeles.

Assistant Attorney General Leslie R. Caldwell of the Justice Department’s Criminal Division, U.S. Attorney André Birotte Jr. of the Central District of California and Assistant Director in Charge Bill Lewis of the FBI’s Los Angeles Field Office made the announcement.

Jessie Tolbert, 38,…

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