Federal prosecutors have obtained a guilty plea from a California accountant in a Ponzi scheme that drained more than $7 million from nearly 90 investors.
Antonio Honorato Silveira, 50, of Turlock has pleaded guilty to wire fraud, says the U.S. Attorney’s Office, Eastern District of California.
Silveira worked as a tax preparer and accountant and began taking client money for supposed stock investments by June 2011…