U.S. prosecutors charge three men in $364 million Ponzi scheme

According to Reuters, U.S. prosecutors charge three men in $364 million Ponzi scheme.
Kevin Merrill of Maryland, Jay Ledford of Texas and Nevada, and Cameron Jezierski of Texas are accused of portraying themselves as investment professionals and using a phony portfolio of consumer debt to defraud hundreds of unwary investors out of tens of millions of dollars as part of a $364 million Ponzi scheme.
The U.S.