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A Panama City man has pleaded guilty for his role in the operation of international boiler rooms that defrauded victims via the sale of worthless investments.
Jeffrey Jedlicki faces a maximum penalty of 20 years in federal prison after pleading guilty to conspiracy to commit wire fraud. A sentencing date has not been set.
According to his plea agreement, Jedlicki and his co-conspirators operated international boiler rooms in Panama, using high-pressure sales techniques to defraud individuals. They targeted victims located in Canada, the United Kingdom, Australia and New Zealand.
Homeland Security Investigations and the Internal Revenue Service investigated the case.
– Kelly Hayes, The Tampa Bay 100