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Newport Man Charged in Investment Scheme

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A Newport Beach man is accused of securing millions of dollars in investments for his dental equipment company, and blowing the money in Las Vegas and on his children’s private school tuition, the Daily Pilot reported.

William Knox was indicted on Dec. 4 and charged with six counts of wire fraud for taking out loans to fund Osseous Technologies of America, his Newport Beach dental equipment business, and spending the money on gambling in Las Vegas and paying for his children’s school tuition, the newspaper reported.

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Read the full story on NewportBeach.Patch.com


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