2009-10-29kcra.com

``Another man has been charged for his alleged role in a massive Folsom investment fraud scheme that caused losses of more than $40 million to approximately 150 investors, federal prosecutors said Wednesday. Kenneth Kenitzer, 66, of Pleasanton, has agreed to plead guilty to mail fraud and money laundering charges and to cooperate in an investigation, U.S. Attorney Lawrence Brown said in a news release.''



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