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Defendant in $670M scam enters guilty plea (access required)

A man who cooked the books for a $670 million insurance industry scam pleaded guilty Monday to charges he helped mislead thousands of investors worldwide. Jorge Luis Castillo, 56, Hackettstown, N.J., entered pleas in Richmond federal court to conspiring to commit mail and wire fraud. He is scheduled for sentencing May 22 and could receive up ...