Ponzi Scheme

Richard Mayfield (credit: Larimer Co. District Atty.)

Ponzi Scheme Mastermind Sentenced

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.


Shawn Merriman (on the right) (credit: CBS)

US Appeals Court Upholds Merriman Sentence

A federal appeals court is upholding the sentence for a man who told prosecutors he had engaged in a Ponzi scheme that defrauded investors of more than $21 million.


Richard Mayfield (credit: Larimer County Sheriff's Office)

Man Accused Of Scamming AA Attendees Pleads Guilty

A 72-year-old man accused of defrauding investors whose trust he had gained through Alcoholics Anonymous meetings is due to be sentenced for theft Sept. 15.


(AP Photo/Dave Martin)

Real Estate Agent Sentenced In Ponzi Scheme

A Fort Collins estate agent and sports booster convicted in a Ponzi scheme has been sentenced to six years in the state Department of Corrections.


(AP Photo/Dave Martin)

Fort Collins Man Pleads Not Guilty In Ponzi Scheme

A Fort Collins man accused of swindling investors in a $3.4 million Ponzi scheme has pleaded not guilty to 30 counts of fraud and theft.


William Walters (credit: Colorado Attorney General's Office)

Colorado Man Gets 40 Years In 9-State Ponzi Scheme

A Colorado man has been sentenced to 40 years in prison and ordered to pay $9.5 million in restitution after he pleaded guilty to running a Ponzi scheme that reached into nine states.


Richard Mayfield (credit: Larimer County Sheriff's Office)

Police: Man Scammed Alcoholics Anonymous Members

A man accused of bilking dozens of Coloradans out of tens of thousands of dollars told CBS4 they accusers were making legitimate investments.


(credit: AP)

SEC Accuses Colorado Oil Company Of Ponzi-Like Scheme

Federal regulators have filed a civil complaint accusing a Denver-based oil and gas exploration company of a “Ponzi-like” scheme affecting roughly 200 investors.


DelRoy Henry (credit: Colorado Springs Police Department)

Fort Carson Soldier Sentenced In Ponzi Scheme

A former Fort Carson soldier is heading to jail, convicted of stealing thousands from active duty soldiers.


A car that was auctioned off on Saturday (credit: CBS)

Auction Benefits Ponzi Scheme Victims

Nearly 70 Colorado investors who were scammed out of just over $20 million gained some of the money the lost back on Saturday.




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