Charges and Representation
In 2023, a Los Angeles grand jury indicted McDonald on securities fraud, wire fraud, three counts of investment adviser fraud, and two counts of money laundering tied to the scheme.
The U.S. Attorney’s Office for the Central District of California is represented by Schwab and Nisha Chandran. McDonald is represented by Charles P. Diamond and Tyukody of O’Melveny & Myers LLP.
