South Tahoe woman indicted in investment fraud scheme

By Cathy Locke, Sacramento Bee

A federal grand jury in Sacramento (Thursday) indicted a South Lake Tahoe woman for wire fraud in connection with an investment fraud scheme.

According to the indictment, Lori Zoval, 45, was a licensed securities broker with a firm in Folsom and used her position of trust to steal more than $439,000 from a couple for whom she managed investments, according to a news release from the U.S. Attorney’s Office.

Read the whole story