Man pleads guilty to investment fraud scheme

<p>A Louisiana man has pleaded guilty to two counts of mail fraud for executing a $13 million investment fraud scheme that included victims in Louisiana, Mississippi, Texas and Florida. The Advocate reports (http://bit.ly/1m41vok ) 59-year-old James R. Holdman, of Baker, Louisiana, entered the plea Friday in federal court in Baton Rouge. In return for Holdman's guilty pleas, prosecutors agreed to dismiss 16 additional counts of mail fraud. U.S. District Judge James J. Brady has not set a sentencing date. Each of the mail fraud counts carries a possible 20-year prison term and fine of $250,000.</p>

Man pleads guilty to investment fraud scheme

A Louisiana man has pleaded guilty to two counts of mail fraud for executing a $13 million investment fraud scheme that included victims in ...

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