Tag: oakland

Former East Bay Financial Advisor Pleads Guilty in $9.5 Million Ponzi Scheme

27 May 2026 2:05 p.m. · Source: Denver FBI

Former East Bay financial advisor Edwin Emmett Lickiss Jr. pleaded guilty to wire fraud and money laundering, admitting to a $9.5 million Ponzi scheme that defrauded over 93 investors from 1998 to 2024. Sentencing is set for August 2026.

Law Enforcement Business Politics and Government Legal Financial Markets Federal Government Economy Edwin Emmett Lickiss Jr.Ponzi scheme Wire fraud Money laundering Oakland FBI Financial Crime