Former Scientology OT gets indicted on $4 million securities fraud - 2021-04-05

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F347.png Former Scientology OT gets indicted on $4 million securities fraud April 5, 2021, Tony Ortega, Underground Bunker

In November, Newport Beach insurance broker, financial advisor, and software purveyor Robert Andrew Lotter was arrested and charged with felony securities violations by the California Department of Insurance, which accused him of defrauding more than $4 million from over 20 victims. Also arrested was an insurance agent named Charles Albert Major of Irvine.

Bob, 64, and Chuck, 72, were accused of fraudulently selling "more than $4 million in stock certificates in Lotter's companies, eAgency, Inc. and Mymobilewatchdog, Inc." the state said in a press release.

The case has received considerable attention in local media, including stories in the Orange County Register and the Los Angeles Times. But we became interested in a detail that had been left out of those stories. Both Lotter and Major had been members of the Church of Scientology, and people who knew Lotter told us that after he left the church he continued to be active as an independent or Freezone Scientologist, continuing Scientology practices outside of the church.

Wikipedia cite:
{{cite news | author = Tony Ortega | title = Former Scientology OT gets indicted on $4 million securities fraud | url = https://tonyortega.org/2021/04/05/former-scientology-ot-gets-indicted-on-4-million-securities-fraud/ | work = Underground Bunker | date = April 5, 2021 | accessdate = April 7, 2021 }}