Local News in Brief : Accused in $12-Million Fraud Pleads Innocent
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David Wiksell, 47, of Van Nuys pleaded not guilty Monday in Los Angeles Municipal Court to charges that he helped bilk more than 500 investors out of $5 million through a now-defunct San Fernando Valley investment firm.
Wiksell, who is being held on $5 million bail, is charged by the Los Angeles County district attorney’s office with three counts of violating corporate securities laws as a vice president of Comstock Financial Services of Universal City. A preliminary hearing is scheduled Feb. 20 in Los Angeles Superior Court.
Last Friday, Roy L. Comstock, 47, Comstock Financial’s former chairman, pleaded not guilty to charges in the case.
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