Crime - Sacto 911

January 29, 2016 3:30 PM

Sacramento con artist Lawrence Loomis pleads guilty in massive Ponzi scheme

Loomis pleaded guilty Friday to single count of wire fraud

Plea agreement could send him to prison for 18 years

Authorities say Loomis conned investors in six states out of millions

Sacto 911

Covering crime, police and courts in the Sacramento region

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