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'Wall Street Whiz Kid' Pleads to Stock Scams Enabled by Projections of Hollywood Glitz

Bloom admitted to 18 felony counts after prosecutors said he used false wealth and celebrity ties to lure victims into bogus investments.

Summary by Hastings Tribune
LOS ANGELES — David Bloom — a twice-convicted con man known as the "Wall Street Whiz Kid" — pleaded no contest Tuesday to multiple counts of grand theft and securities fraud in Los Angeles.

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Los Angeles Times broke the news in Los Angeles, United States on Wednesday, May 6, 2026.
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