Financial Talker Faces Fraud Charge
May 22, 2009 at 4:13 AM (PT)
A financial advisor who brokered time on ENTERCOM Talk WILK-A-F-WKZN-A-WBZU-A (WILK NEWS RADIO)/SCRANTON-WILKES BARRE-HAZELTON has been charged with fraud, reports the SCRANTON TIMES-TRIBUNE. JAMIE P. LAKE, owner of JPL FINANCIAL and host of paid program "MONEY IN MOTION" and daily "IT'S YOUR MONEY" paid features, allegedly defrauded over 30 customers out of over $600,000 and will plead guilty to a federal mail fraud charge with the possibility of 20 years in prison.
A date for LAKE to enter his plea has not yet been scheduled.