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Las Vegas lawyer indicted in multimillion-dollar Ponzi scheme

The lawyer is accused of running a multimillion-dollar Ponzi scheme targeting members of The Church of Jesus Christ of Latter-day Saints.

Mormon Ponzi scheme ends with FBI gunfire in Las Vegas | Las Vegas Review-Journal

The investment was pitched as a nearly risk-free opportunity to earn annual returns of 50 percent. There was just one problem, the SEC charged in a civil complaint. None of it was real.

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