Suspect Wanted By FBI Attempts Underwater Escape On Sea ScooterA suspect in a $35 million Ponzi scheme is in custody after trying to escape arrest by using sea scooter to hide from FBI agents in Shasta Lake.
California Couple Pleads Guilty To Plotting $1B Ponzi SchemeThe owners of a Bay Area solar energy company pleaded guilty Friday to charges that they plotted a massive Ponzi scheme that defrauded investors of $1 billion.
Former Western NY Attorney Convicted In Ponzi SchemeA federal grand jury has convicted a 46-year-old former western New York attorney of mail fraud in connection with a multimillion-dollar Ponzi scheme.
San Diego Man Convicted Of Life Insurance ScamProsecutors claimed Daniel Powell bilked about 50 people across the country out of $4 million in a Ponzi scheme.
NorCal Attorney Accused Of Ponzi SchemeA former San Francisco attorney is facing charges that he defrauded investors of $7 million in a Ponzi scheme.
Local Man Gets 18 Years In $4M Ponzi SchemeA Sacramento man has been sentenced to 18 years in state prison after pleading guilty to charges that he ran a Ponzi scheme that defrauded mostly elderly investors of more then $4 million.
Sacramento Man Arrested In Massive Ponzi SchemeA man being dubbed Sacramento's Bernie Madoff is now behind bars after federal investigators say he made millions off a Ponzi scheme.