Sunday, July 11, 2004

Rojek pleads guilty: The Sacramento (Calif.) Bee reports that former comic-book store magnate Ross Allen Rojek pleaded guilty Friday in U.S. District Court to one count each of mail and securities fraud. Rojek, 36, admitted to bilking investors out of millions by convincing them to sink money into fictitious companies.

The crimes carry a maximum sentence of 25 years in federal prison, and up to a $500,000 fine. However, Rojek likely will be sentenced to seven to nine years.