A former Pasadena jeweler is accused of swindling 22 victims out of a total of $1.5 million for Rolex watches that never existed.
Nelson Andres Holdo, 66, operated in Newport Beach, Pasadena and San Marino. He faces a total of 23 felony charges.
“When corrupt individuals orchestrate complex schemes to siphon away people’s hard-earned money, my office will act swiftly,” Attorney General Rob Bonta said. “Those who manipulate the rules to enrich themselves at the expense of others will always be held accountable. Our mission at the California Department of Justice remains unwavering. We will continue to investigate, expose and dismantle financial crimes and fraud across California to ensure a fair marketplace for everyone.”…