# 78-Year-Old Ponzi Scheme Convicted | California News

Page: https://stenobird.com/podcast/california-news-today-2-min-news-the-daily-news-now-7610473/78-year-old-ponzi-scheme-convicted-california-news
Text version: https://stenobird.com/podcast/california-news-today-2-min-news-the-daily-news-now-7610473/78-year-old-ponzi-scheme-convicted-california-news.md
Podcast: [California News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/california-news-today-2-min-news-the-daily-news-now-7610473)
Published: 2026-09-17T14:13:08+00:00
Episode link: https://sources.thednn.ai/dda25a065fd5be65
Audio file: https://api.fastcast.ai/audio/0401c935-18b3-425e-ba12-74ce345fc534.mp3
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Duration seconds: 104

## Resource

A 78-year-old financial advisor from Danville is sentenced to nine years in prison for orchestrating a 30-year Ponzi scheme that swindled over 90 people—including family and church members—for $12 million. Using new victims’ money to pay old ones, Lickiss funded lavish personal expenses like travel and home upgrades. After pleading guilty, he apologized briefly outside court but remained uncooperative with media. Victims called the sentence fair despite wishing for harsher punishment, describing him as a master manipulator who exploited trust. The judge called his actions “devastating,” and Lickiss must report to federal prison by October 30th after a brief chance to settle affairs. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Sources: https://abc7news.com/post/danville-financial-advisor-edwin-lickiss-gets-9-year-prison-sentence-12-million-ponzi-scheme/19841605/ More coverage & latest updates: https://sources.thednn.ai/dda25a065fd5be65 Report issues to feedback@thednn.ai.

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