Post by Logan on Mar 18, 2016 20:43:49 GMT -6
San Diego — A financial planner accused of taking part in a scheme that defrauded investors out of more than $3.8 million was placed on probation for five years and ordered Friday to serve a year in county jail.
Julio Gomez, 45, of San Diego was one of four people charged in 2014 in the scheme, which ensnared dozens of victims, including many senior citizens. He pleaded guilty to two counts of making misstatements or omissions inthe sale of a security and one count of perjury.
Instead of sending the defendant to prison, San Diego Superior Court Judge Michael Smyth ordered Gomez to serve his time in the county jail, and allowed him to do so through work furlough so that he could continue working.
The judge said one of his main concerns was that the victims be able to recoup some of their losses. Hearings will be held to determine exactly how much Gomez will be expected to repay.
Read more: www.sandiegouniontribune.com/news/2016/mar/18/financial-planner-jail-fraud-scheme/
Julio Gomez, 45, of San Diego was one of four people charged in 2014 in the scheme, which ensnared dozens of victims, including many senior citizens. He pleaded guilty to two counts of making misstatements or omissions inthe sale of a security and one count of perjury.
Instead of sending the defendant to prison, San Diego Superior Court Judge Michael Smyth ordered Gomez to serve his time in the county jail, and allowed him to do so through work furlough so that he could continue working.
The judge said one of his main concerns was that the victims be able to recoup some of their losses. Hearings will be held to determine exactly how much Gomez will be expected to repay.
Read more: www.sandiegouniontribune.com/news/2016/mar/18/financial-planner-jail-fraud-scheme/
