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February 14, 2013
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Judge OKs postponement of Lester fraud trial

Over the protests of some named victims and the state prosecutor, a judge approved postponing the fraud trial of Gold Country Lenders CEO Philip Lester and CFO Susan Laferte from April to June. But the trial’s start date remains in question, as defense attorneys indicated they might move for a change of venue. Laferte and Lester were indicted in mid-January by a criminal grand jury for allegedly defrauding investors of millions of dollars over a period of eight years. They already had been facing more than 60 felony counts of elder abuse, securities fraud and conspiracy, which had been filed …

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The Union Updated Feb 15, 2013 01:20AM Published Feb 21, 2013 08:51AM Copyright 2013 The Union. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.