'Wall Street Whiz Kid' pleads to stock scams enabled by projections of Hollywood glitz
Key takeaways
- David Bloom — a twice-convicted con man known as the “Wall Street Whiz Kid” — pleaded no contest Tuesday to multiple counts of grand theft and securities fraud in Los Angeles.
- Bloom spent years using a historic Hollywood apartment complex and a near century-old L.A. bar to find new marks on the West Coast, authorities said, using the trappings of luxury to fool people into giving him money.
- Bloom, 62, pleaded no contest on Tuesday to 18 counts of grand theft by deception and securities fraud.
David Bloom makes a court appearance in Los Angeles on August 29, 2023. (Ringo Chiu/For The Times) By James Queally Staff Writer Follow May 5, 2026 5:30 PM PT 5 min Click here to listen to this article Share via Close extra sharing options Email Facebook X Linked In Threads Reddit Whats App Copy Link URL Copied! Print 0:00 0:00 1x This is read by an automated voice. Please report any issues or inconsistencies here.
David Bloom — a twice-convicted con man known as the “Wall Street Whiz Kid” — pleaded no contest Tuesday to multiple counts of grand theft and securities fraud in Los Angeles.
Bloom spent years using a historic Hollywood apartment complex and a near century-old L.A. bar to find new marks on the West Coast, authorities said, using the trappings of luxury to fool people into giving him money.