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Criminal

Dec. 25, 2012

San Jose grand jury indicts 3 men on $60 million fraud scheme

A San Jose federal grand jury indicted three men Friday for running a $60 million fraud scheme that deceived investors into thinking their money was in diversified assets and getting double-digit returns.

By Hadley Robinson
Daily Journal Staff Writer

A San Jose federal grand jury indicted three men Friday for running a $60 million fraud scheme that deceived investors into thinking their money was in diversified assets and getting double-digit returns.

Federal prosecutors accused two California men, John A. Geringer and Christopher Luck, and Keith Rode of Wisconsin with mail fraud, wire fraud, securities fraud, money laundering and conspiracy to commit mail and wire fr...

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