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Southern California jeweler accused of stealing $1.5 million from customers through Rolex watch scam

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Southern California jeweler accused of stealing .5 million from customers through Rolex watch scam

A Southern California jeweler allegedly stole nearly $1.5 million from customers through a fraud scheme involving Rolex watch sales.

Nelson Andres Holdo is accused of scamming 22 victims in Orange and Los Angeles counties from 2021 to 2026, according to the California Attorney General’s Office.

Prosecutors said Holdo specifically targeted buyers who wanted to purchase high-end Rolex models priced between $50,000 and $100,000. 

He would falsely promise to source the clients’ requested watches through his overseas brokers and would convince customers to wire him the full purchase price upfront, prosecutors said.

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The victims were told that the watches would arrive within four to six weeks. When the timeline lapsed and no watches arrived, Holdo would reportedly offer “endless excuses and reassurances as the weeks turned into months,” investigators said.

“When buyers finally demanded their money back, the jeweler agreed to issue refunds, but ultimately pocketed the cash, leaving most victims without their money,” court documents said.

Holdo was also accused of not paying a watch distributor for high-end watches that were sold to him, worth over $400,000.

Holdo was charged with grand theft, writing a fraudulent check and other white-collar crime enhancements.

The case will be prosecuted by the California Department of Justice. The DOJ received assistance from the Newport Beach Police Department in the investigation.

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Los Angeles, Ca

Man dies after violent solo crash in Sherman Oaks

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Man dies after violent solo crash in Sherman Oaks

A man died in a single-car crash in Sherman Oaks early Wednesday morning, authorities say. According to a Los Angeles Police Department spokesperson, the collision occurred just before 1 a.m. in the 3600 block of Sepulveda Boulevard. “It appears that the driver was traveling northbound on Sepulveda when he lost control, crossed the center median […]

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Los Angeles County man convicted of sex trafficking, abusing woman he was dating

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Los Angeles County man convicted of sex trafficking, abusing woman he was dating

A Los Angeles County man was convicted by a jury of trafficking, exploiting and physically abusing a woman he was dating.

Jalen Amir Yoakum, 25, of Lancaster, was also a documented gang member, the Ventura County District Attorney’s Office said.

Yoakum met the victim through Instagram in July 2024 and soon after, they began dating. Initially, he presented himself as caring and respectful, but after moving in together, he became increasingly controlling and physically abusive, prosecutors said.

He began isolating the woman from her friends and family and had repeatedly assaulted and strangled her during their time together.

Jalen Amir Yoakum, 25, of Lancaster, was convicted by a jury of trafficking, exploiting and physically abusing a woman he was dating. (Ventura County District Attorney’s Office)

Yoakum eventually pressured and coerced the woman into commercial sex work despite her objections, prosecutors said. She complied out of fear of additional violence.

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Using photos of the victim, Yoakum created online advertisements, hoping to find prospective sex buyers, court documents said.

He would arrange commercial sex appointments, dictate where the woman would go and what services she would perform, and demand she hand over nearly all of the money she earned. 

He had threatened to assault her if appointments took longer than expected or if she failed to satisfy his demands.

In January 2025, the victim planned a trip to Camarillo. Before arriving for an appointment, Yoakum struck the woman multiple times, leaving visible injuries to her face and body. 

While she attended the appointment, Yoakum drove away in her car and was accused of stealing merchandise from a Target store. When deputies located the vehicle that day, he was accused of ramming into an undercover law enforcement vehicle before leading deputies on a high-speed chase. 

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He was eventually taken into custody after crashing into two vehicles and leaving four people injured, authorities said.

As deputies investigated the case, the woman reported the abuse she was experiencing. 

“Search warrants uncovered digital evidence, including online advertisements, text messages, and location data that corroborated the trafficking operation and Yoakum’s control over the victim,” court documents said.

On June 29, 2026, Yoakum was convicted by a jury of human trafficking for sexual exploitation, pimping, pandering by encouragement, corporal injury to a cohabitant and dissuading a witness by force or threat.

Several special allegations and aggravating factors were found true, including that Yoakum has a prior strike conviction, engaged in violent conduct, targeted a particularly vulnerable victim and involved another person in the commission of the crimes.

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“This verdict recognizes the victim’s courage and the brutality she survived,” said Senior Deputy District Attorney Rikole Kelly, who prosecuted the case. “Human trafficking does not always look like chains or locked doors. In this case, it hid under the guise of a relationship and was enforced through violence, fear, shame, and control.”

A sentencing hearing is scheduled for July 21, where he faces up to 46 years in state prison

Yoakum also faces separate charges in the Camarillo case involving the high-speed pursuit that left multiple victims injured. A trial is scheduled for early July 2026.

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LeBron James informs Lakers he will play elsewhere next year

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LeBron James informs Lakers he will play elsewhere next year

LeBron James has informed the Los Angeles Lakers that he will not return to the franchise next season, ending his tenure in L.A. as he prepares for his 24th year in the NBA. Klutch Sports CEO Rich Paul told ESPN’s Shams Charania on Tuesday that James has made it clear the Lakers can “move on […]

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