Two Iowa men indicted in multi-million dollar Ponzi scheme

DES MOINES COUNTY, Iowa — A federal grand jury has indicted two Iowa men in a Ponzi scheme that reportedly defrauded dozens out of millions of dollars. The U.S. Attorney’s Office, Southern District of Iowa, announced Friday that a Des Moines federal grand jury returned the 16-count indictment in May 2026. In the indictment, between […]

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