Mich. U.S. Attorney: Fugitive Investment Firm Operator Indicted for Running $100 Million Ponzi Scheme
January 17, 2024
January 17, 2024
DETROIT, Michigan, Jan. 17 -- The office of the U.S. Attorney for the Eastern District of Michigan issued the following news release:
The operator of a supposed foreign exchange trading firm has been indicted on eleven counts of wire fraud and one count of money laundering in connection with his alleged operation of a Ponzi scheme that stole $100 million from investors, United States Attorney Dawn N. Ison announced.
Ison was joined in the announcement by Cheyvoryea Gibs . . .
The operator of a supposed foreign exchange trading firm has been indicted on eleven counts of wire fraud and one count of money laundering in connection with his alleged operation of a Ponzi scheme that stole $100 million from investors, United States Attorney Dawn N. Ison announced.
Ison was joined in the announcement by Cheyvoryea Gibs . . .