James Arthur McDonald Jr., 52, was tracked down over the weekend to a residence in Port Orchard and will now be sent back to California to face federal charges, including counts of securities ...

The SEC filed civil charges against McDonald and Hercules in September 2022. On April 21, U.S. District Judge Percy Anderson found McDonald liable for approximately $3,810,346 in illicit profits.

James Arthur McDonald Jr. faces charges including securities fraud, wire fraud and investment adviser fraud Kimberlee Speakman is a digital writer at PEOPLE. She has been working at PEOPLE since ...

James Arthur McDonald Jr., is accused of misrepresenting to investors how he would use millions of dollars raised from them in early 2021, and also failed to disclose to those investors "the ...

James Arthur McDonald Jr., 52, was arrested Saturday at a residence in Port Orchard, Washington, and will eventually be extradited to Los Angeles in the coming weeks to face federal charges in ...

James Arthur McDonald Jr., 52, was arrested over the weekend in Port Orchard, Washington, according the United States Department of Justice. James Arthur McDonald Jr., 52. is shown in this undated ...

James Arthur McDonald Jr., 52, was arrested over the weekend in Port Orchard, Washington, according the United States Department of Justice.

James Arthur McDonald Jr., a 52-year-old former resident of Arcadia, California was arrested on Saturday at a residence in Port Orchard. He is expected to appear in the U.S. District Court in Tacoma.

James Arthur McDonald Jr., 52. is shown in this undated photo provided by the FBI. McDonald was identified by the DOJ as the CEO and chief investment officer of two L.A. area companies, Hercules ...