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Judge Sentences OC Jeweler for 5 Years for Running $1.7M Fraud Scheme

He was ordered to repay victims after prosecutors said he took money for Rolexes, diamonds and other jewelry he never delivered.

Summary by MyNewsLA.com
An Orange County jeweler who admitted stealing nearly $1.7 million through fraudulent Rolex sales to victims in Los Angeles and Orange counties was sentenced Monday to five years behind bars. Nelson Holdo pleaded guilty last week in Orange County Superior Court to three counts of felony grand theft and writing fraudulent checks, as well as […]

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Los Angeles Times broke the news in El Segundo, United States on Monday, August 31, 2026.
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