A Bugatti Veyron, a Gulfstream private jet, and a $330,000 diamond ring: Feds charge 3 men for alleged $364 million Ponzi scheme to fund lavish lifestyle

Federal prosecutors have charged three men in connection with an alleged $ 364 million Ponzi scheme that could have more than 400 victims nationwide.  The men were indicted on charges of conspiracy, wire fraud, identity theft, and money laundering. The indictment alleges that the three men took $ 73 million of investors’ funds “to purchase […]