Securities
Jul. 14, 2025
San Diego attorney gets 7 years for securities fraud in pump-and-dump schemes
A federal judge sentenced Andrew Coldicutt also imposed more than $140,000 in fines for securities fraud tied to pump-and-dump schemes, including a fake fruit harvesting company.
A San Diego corporate and securities attorney received an 85-month federal prison sentence for securities fraud and related crimes linked to pump-and-dump schemes.
U.S. District Judge Jinsook Ohta also ordered Andrew Coldicutt to pay $42,970 in forfeiture and a $100,000 fine.
A federal jury convicted Coldicutt in March on all 17 counts after a weeklong trial. From 2017 to 2019, he created a business plan for a fake backyard fruit harvesting company and filed fraudulent s...
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