An Orange County executive and an insurance agent pleaded guilty Friday in a multimillion-dollar investment fraud scheme.
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Robert Andrew Lotter, 67, of Newport Beach, pleaded guilty to a misdemeanor count of illegally selling unqualified securities. Co-defendant Charles Albert Major, 76, pleaded to two counts of making an untrue statement or omission in connection with a purchase or sale and a count of unlawfully selling unqualified securities, all felonies…