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July 16, 1987 | JAMES BATES, Times Staff Writer
The former chairman of a defunct Universal City investment firm that allegedly took as much as $5 million from more than 500 investors Wednesday pleaded no contest in Superior Court in Los Angeles to one felony count of violating corporate securities laws. In a criminal matter, a no contest plea is equivalent to pleading guilty. Roy L. Comstock, 48, former head of Comstock Financial Services, faces a maximum five years in prison for selling unregistered securities.
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BUSINESS
July 16, 1987 | JAMES BATES, Times Staff Writer
The former chairman of a defunct Universal City investment firm that allegedly took as much as $5 million from more than 500 investors Wednesday pleaded no contest in Superior Court in Los Angeles to one felony count of violating corporate securities laws. In a criminal matter, a no contest plea is equivalent to pleading guilty. Roy L. Comstock, 48, former head of Comstock Financial Services, faces a maximum five years in prison for selling unregistered securities.
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BUSINESS
February 6, 1987
The Los Angeles County district attorney's office has accused Comstock of bilking more than 500 investors in California and Texas out of $5 million. Comstock, the former chairman of Comstock Financial Services in Universal City, has been charged with three felony counts of violating corporate securities laws. Also charged in the alleged scheme is David L. Wiksell, Comstock Financial's former vice president of investments.
BUSINESS
February 6, 1987
The Los Angeles County district attorney's office has accused Comstock of bilking more than 500 investors in California and Texas out of $5 million. Comstock, the former chairman of Comstock Financial Services in Universal City, has been charged with three felony counts of violating corporate securities laws. Also charged in the alleged scheme is David L. Wiksell, Comstock Financial's former vice president of investments.
CALIFORNIA | LOCAL
February 10, 1987
David Wiksell, 47, of Van Nuys pleaded not guilty Monday in Los Angeles Municipal Court to charges that he helped bilk more than 500 investors out of $5 million through a now-defunct San Fernando Valley investment firm. Wiksell, who is being held on $5 million bail, is charged by the Los Angeles County district attorney's office with three counts of violating corporate securities laws as a vice president of Comstock Financial Services of Universal City. A preliminary hearing is scheduled Feb.
CALIFORNIA | LOCAL
March 26, 1988
A man who pleaded guilty to charges in a scheme in which more than 500 investors in California and Texas were cheated out of nearly $5 million was sentenced Friday to four years in state prison. "We're dealing with a sophisticated theft that victimized 400 to 500 people," Los Angeles Superior Court Judge Robert Altman said in sentencing David Wiksell, 48, of Van Nuys. Many of the investors were fundamentalist Christians whose money was solicited at meetings of church groups.
CALIFORNIA | LOCAL
February 7, 1987
Roy L. Comstock, former chairman of Universal City-based Comstock Financial Services, pleaded innocent Friday in Los Angeles Municipal Court to charges that he helped bilk more than 500 investors of $5 million. Comstock, 47, who is being held on $5 million bail, is charged with three counts of violating corporate securities laws in an investment scheme that authorities said promised investors 15% to 30% returns but diverted money to personal companies and accounts.
BUSINESS
December 9, 1987 | JAMES BATES, Times Staff Writer
A former Orange County businessman and missionary who allegedly bilked $1.8 million from members of an Arkansas church after preaching to them from the church's pulpit has been indicted for fraud by a grand jury in Little Rock, Ark., authorities said Tuesday. The indictment of Abraham R.
BUSINESS
December 9, 1987 | JAMES BATES, Times Staff Writer
A former Orange County businessman and missionary suspected of bilking members of an Arkansas church out of $1.8 million after preaching to them has been indicted by a grand jury in Little Rock, Ark., authorities said Tuesday. The indictment of Abraham R. Boldt, 57, of Walnut on charges of defrauding investors comes nearly two years after authorities began investigating him in connection with a 1984 appearance at the New Covenant Community Church in Little Rock.
CALIFORNIA | LOCAL
August 15, 1987
A Los Angeles Superior Court judge Friday denied the request of a former officer of a defunct Universal City investment firm that allegedly bilked about 500 investors out of $5 million to post property as bail. David L. Wiksell of Van Nuys asked Judge Robert T. Altman to use real estate he said he owns near Newhall in lieu of cash to meet his $325,000 bail. Altman, however, found that some of the property may have been bought using money swindled from investors, said Dist. Atty. Timothy J.
CALIFORNIA | LOCAL
February 6, 1987
The former head of a Universal City investment firm that allegedly bilked more than 500 investors out of $5 million was arrested Thursday morning after surrendering to authorities in Los Angeles. Roy L. Comstock, 47, former chairman of Comstock Financial Services, has been charged by the Los Angeles County district attorney's office with three felony counts of violating corporate securities laws.
CALIFORNIA | LOCAL
March 26, 1988
A Van Nuys man who was vice president for investments of a firm that swindled about 500 investors out of more than $5 million was sentenced Friday to four years in prison. David Wiksell, 48, was a key player in the scheme operated by Comstock Financial Services between August, 1984, and August, 1985, Los Angeles County Deputy Dist. Atty. J. Timothy Browne said. Los Angeles Superior Court Judge Robert T.
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