Man wanted in $35 million Ponzi scheme tried to flee FBI agents by using underwater ‘sea scooter’

Matthew Piercey, 44, is charged with wire fraud, mail fraud, money laundering, and witness tampering A man wanted by the FBI for allegedly running a $35million Ponzi scheme was arrested in California on Monday after attempting to hide from federal agents in a lake using an underwater ‘sea scooter’. Matthew Piercey, 44, fled in his truck as … Read more

PwC set for court showdown over £122m Ponzi scheme

PwC set for court showdown over claims it negligently failed to spot a a £122m ‘Ponzi scheme’ By Daily Mail City & Finance Reporter Published: 22:52 BST, 19 May 2020 | Updated: 22:52 BST, 19 May 2020 PwC is braced for a £25million court battle over claims it negligently failed to spot a Guernsey ‘Ponzi … Read more