Danville Man Admits To Running $9.5 Million Ponzi Scam

OAKLAND — Danville resident Edwin Emmett Lickiss, Jr. pleaded guilty to running a Ponzi scheme that defrauded investors out of a combined $9.5 million over more than 20 years, federal prosectors announced Wednesday. Lickiss, 78, was convicted of one count of wire fraud and one count of money laundering for the scheme, which he operated…

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