In our justice system, persistence often influences outcomes, as seen in the case of Howard Silverstein, a 78-year-old Newport Beach inhabitant. Following a two-year inquiry, the Irvine Police Department (IPD) arrested him. Silverstein is suspected to have masterminded a fraudulent investment scheme, causing losses exceeding $1 million.
A 90-year-old Irvine resident, a victim of this, endured a $400,000 loss, and another’s children's college savings disappeared due to the purported fraud. The IPD’s Economic Crimes Investigator, with support from the Orange County District Attorney's Major Fraud Unit, filed 13 felony charges against Silverstein.
Silverstein was located in an Extended Stay hotel, and subsequently transported to Orange County Jail.
