Federal prosecutors say a Colorado woman is agreeing to plead guilty to wire fraud conspiracy in North Carolina after being charged with operating a $7 million Ponzi scheme that defrauded more than 10,000 victims.
The man accused of running a multi-million dollar ponzi scheme in Colorado called his elaborate scam “Operation 44 Magnum.” Investigators claim he ripped off dozens of investors across the nation and in other countries.
A former El Paso County sheriff’s deputy has been sentenced to 2 1/2 years in prison after pleading guilty to charges of running a Ponzi scheme that lost more than $200,000 of investors’ money.
A man accused of fraudulently obtaining more than $8 million from investors in a vacation property scheme has been found guilty.
A Colorado couple accused in a Ponzi scheme that defrauded investors in 13 states and five foreign countries have received prison time.
The suburban Denver congressional district that held one of the nation’s closest contests 10 years ago is gearing up for another nail-biter.
Authorities say a man who pleaded guilty in a $3.5 million Ponzi scheme has been sentenced to eight years in prison.
A man accused of bilking the widow of a slain Denver police officer and other investors in what prosecutors say was a Ponzi scheme has pleaded guilty to one count of securities fraud.
A victim’s call for help was unanswered after a call center in Fort Collins abruptly was shut down. One of the answering service’s clients was a sex assault hotline.
A man who pleaded guilty to theft in connection to a ponzi scheme was sentenced to five years in prison. Richard Mayfield was sentenced on Friday.