California man pleads guilty to serious criminal charges of fraud

Whenever a California resident is accused of serious criminal charges, mounting a criminal defense may seem like a daunting prospect. This can be especially true in the face of serious criminal charges where government officials may have what seems like a significant amount of evidence to support the claims that they are making. In some situations, the best chance that an accused
individual may have for a favorable outcome could come from pleading guilty to the charges. Accused individuals must decide whether to fight the charges or negotiate with prosecutors for themselves based upon the unique circumstances in their own situations. It can also be helpful to have a solid understanding of the specific allegations and the potential penalties that a conviction could bring.

One California man recently made the decision to plead guilty to the serious charges he was facing from federal prosecutors. The charges stemmed from an alleged investment plan that the man initiated which investigators claimed was actually fraudulent in nature. According to officials, the $49 million fraud scheme ultimately led to individuals who invested in the plan losing at least $31 million.

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*'Success' means that the original violation that the officer or district attorney charged our client with was dismissed. In many cases the charge(s) were dismissed altogether. In other cases our clients were found not guilty after trial. In other cases our clients pled to lesser offenses, usually with "0" point resolutions.

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