Chino Hills man sentenced for $10M fraud scheme involving 145 bank accounts

A Southern California man was sentenced Friday in downtown Los Angeles to seven years and six months behind bars for running a $10 million financial fraud scheme that targeted the elderly.

Sylas Verdzekov, 39, of Chino Hills, was also ordered by U.S. District Judge André Birotte Jr. to pay $10.5 million in restitution to victims of the scheme, according to the U.S. Attorney’s Office.

Verdzekov pleaded guilty last year to one federal count of conspiracy to commit money laundering…

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