Matthew Piercey pleaded guilty in Sacramento on Thursday to 27 counts of wire fraud, money laundering and witness tampering.

A Northern California man pleaded guilty Thursday to a Ponzi-like fraud scheme, following his arrest in 2020 where he tried ...

The charges against Matthew Piercey include witness tampering after he learned he was under investigation, and before his ...

Federal prosecutors say Ponzi scheme suspect Matthew Piercey left ... Piercey in Lake Shasta as he tried to elude FBI agents who sought to arrest him in an alleged Ponzi scheme.

A Northern California man who tried to evade FBI agents with an underwater scooter pleaded guilty to a $35 million Ponzi scheme, prosecutors announced Thursday.

The real estate mogul amassed a $400 million portfolio. It has come crashing down in a heap of lawsuits, bankruptcies, and ...

Police from Ondo Command have rescued 20 people who have been held hostage against their will in connection with an alleged Ponzi scheme operation ... the parade of the suspects at the command ...