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Detectives Charge Ventura County Man With Bilking Elderly Women Out Of More Than A Million Dollars

A Ventura County man claiming to be a successful financial trader has been arrested after detectives say he scammed more than a million dollars from people.

Investigators say James Leroy Johnson told his victims, mostly elderly women, that he was a former day trader and retired partner from a respected financial firm. But, the 71-year old Thousand Oaks man is actually an ex-con who spent a decade behind bars for stealing more than a million dollars from would-be investors in Orange County.

Johnson was arrested this week in Nevada. He was extradited to Ventura County to face investment fraud, and elder abuse charges.