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Father, son from Japan guilty in Vegas in $1 5B Ponzi case

2 Businessmen Convicted in Las Vegas of Running $1 5B Ponzi Scheme That Had 10,000 Victims

The men, arrested in 2019, pleaded guilty to their involvement with MRI International, Inc., a company that owed $1.5 billion to investors as of 2013.

Father, son from Japan guilty in Vegas in $1 5B Ponzi case

Two former investment executives from Japan have pleaded guilty in Las Vegas in what prosecutors have called a $1.5 billion international Ponzi scheme with 10,000 victims in the U.S. and abroad

Father, son from Japan guilty in Vegas in $1 5B Ponzi case

LAS VEGAS: Two former investment executives from Japan have pleaded guilty in Las Vegas to wire fraud in what prosecutors have called a $1.5 billion international Ponzi scheme with 10,000 victims in the US and abroad. Junzo Suzuki and his son, Paul Suzuki, entered their pleas Wednesday in US District Court in a plea deal that has each man facing five years in federal prison

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