BY: STAFF REPORT | BocaNewsNow.com
DELRAY BEACH, FL (BocaNewsNow.com) (Copyright © 2022 MetroDesk Media, LLC) — Seven Bridges resident Jeffrey Jedlicki, who has spent the last several months in a federal holding facility, will now spend eight years in federal prison. His wife, Tracy Jedlicki, will be sentenced in July. Prosecutors say both were involved in an international boiler room scam.
The United States Department of Justice issued this statement just before 6 p.m. on Tuesday:
U.S. District Judge Thomas P. Barber today sentenced Jeffrey Jedlicki, 51, to eight years in federal prison for wire fraud conspiracy. As part of his sentence, the court also ordered Jedlicki to forfeit $700,000 and a South Florida residence worth in excess of $2 million. The court also ordered Jedlicki to pay $3,244,592.00 in restitution to the victims. Jedlicki had pleaded guilty on September 16, 2021.
According to court documents, Jedlicki and his coconspirators operated international boiler rooms in Panama and elsewhere that used high-pressure sales techniques to defraud individuals who invested substantial amounts of money in what they believed were regulated financial products or markets, such as options in commodities and stocks. The majority of the victims that the boiler rooms targeted were located in Canada, the United Kingdom, Australia and New Zealand.
Jedlicki and his co-conspirators then transferred fraud proceeds generated by the boiler rooms through…
