Ocean Springs retirement investor seeks delay in fraud trial
GULFPORT, Miss. (AP) – The attorney for an Ocean Springs retirement investor accused of taking more than $1 million of his clients’ money is asking to postpone trial because of plea negotiations.
The Sun Herald reports a federal grand jury indicted Eduardo Diaz in October on four counts of investor fraud and two counts of wire fraud. He was set for trial in December, but the trial was moved to the Feb. 1 court calendar. Diaz has pleaded not guilty.
Since then, two attorneys representing Diaz have withdrawn. Biloxi attorney William Carl Miller is now representing him. In his motion, Miller said federal prosecutors have no objection to postponing the trial.
Diaz, court records say, made fraudulent statements about potential investments to persuade clients to invest large amounts of money, which he later used illegally.
