On October5, 2007, afederalarrest warrant was issued by theUnited StatesDistrictCourt, Central District of California, afterOkuomosewascharged with wire fraudandmailfraud.
Meanwhile federal judges from the CentralDistrict of California have stymied two separate condemnations designed to benefit discount retailer Costco (nasdaq: COST - news - people ).
On November 29, 2012, Vahedi is scheduled to plead guilty in federal court in the CentralDistrict of California to one count of wire fraud in connection with the Ponzi.
On July 10, 2012, Celia Gallardo, 42, North Hills, CA was indicted on nine counts of wire fraud and seven counts of mail fraud by a federal grand jury in the CentralDistrict of California.