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A former financial adviser from Forest, pleaded Wednesday in the United States District Court for the Western District of Virginia in Lynchburg to charges of wire fraud and money laundering.
Michael Todd Crosswhite, 42, waived his right to be indicted and pleaded guilty this morning to a two count information charging him with one count of wire fraud and one count of money laundering. The defendant also agreed to pay restitution to his victims in the amount of $943,684.
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