Federal prosecutors indict LA, Ventura County men in what they call massive investment fraud scheme

A Ventura County man is one of two people indicted in what federal prosecutors call a massive fraud scheme.

A six count indictment claims the men stole more than $22 million from people who thought they were investing in cryptocurrency.

Prosecutors say Gabriel Hay of Beverly Hills and Gavin Mayo of Thousand Oaks were each charged with a count of conspiracy to commit wire fraud, two counts of wire fraud, and one count of stalking…

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