Coverage dated September 16, 2026 to September 17, 2026

78-year-old Danville financial adviser sentenced to 9 years in prison for $12 million Ponzi scheme

Headline from ABC 7 San Francisco

Edwin Lickiss, a 78-year-old financial adviser from Danville, has been sentenced to nine years in prison for defrauding his friends, members of his church and even his own family in a $12 million scheme that lasted nearly 30 years.

ABC 7 San Francisco's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Reports & sources

2 articles, oldest first.

  1. KION Central Coast

    Danville financial advisor, 78, sentenced to 9 years in prison for $9.5 million Ponzi scheme (opens KION Central Coast)

    Published

    KION Central Coast's feed description

    By Carlos E. Castañeda A former East Bay financial adviser was sentenced on Wednesday to nine years in federal prison for running a decades-long Ponzi scheme that defrauded investors out of nearly $10 million, authorities said. Edwin Emmett “Mike” Lickiss, Jr.

  2. ABC 7 San Francisco

    78-year-old Danville financial adviser sentenced to 9 years in prison for $12 million Ponzi scheme (opens ABC 7 San Francisco)

    Published

    ABC 7 San Francisco's feed description

    Edwin Lickiss, a 78-year-old financial adviser from Danville, has been sentenced to nine years in prison for defrauding his friends, members of his church and even his own family in a $12 million scheme that lasted nearly 30 years.

78-year-old Danville financial adviser sentenced to 9 years in prison for $12 million Ponzi scheme | Since Then