Shawn Merriman

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.


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.


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

Auction Scheduled For Possessions Seized In Ponzi Scheme

The U.S. Marshals Service will conduct a public auction of the assets accumulated by Shawn Merriman, who was convicted of running a Ponzi scheme.


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