Audio By Carbonatix
The assistance of the victims of a $28 million Ponzi scheme in Maryland, Virginia is needed in investigations by the Federal Bureau of Investigation (FBI) and the United States’ Attorney’s office for the District of Maryland.
These victims were scammed by three men who convinced them to invest their funds into their company, 1st Million Dollars, for returns on their initial deposits ranging from 6% to 35% regardless of market volatility.
The men, Dennis Mbongeni Jali, 35; John Erasmus Frimpong, 40; and 61-year-old Arley Ray Johnson posed as pastors and attended church events to get investments from churchgoers, claiming their work was to help churches and their members achieve personal wealth and financial freedom.
Instead, they squandered the investments on lavish lifestyles.
They’re currently being charged with wire fraud, securities fraud and money laundering.
The FBI has therefore called on potential victims to come forward “so that they can be made whole and that restitution can be provided to them,” an FBI officer with the Baltimore Field Office said.
Latest Stories
-
French professor investigated for awarding himself fake prize
50 minutes -
Former OpenAI board member says Elon Musk offered her sperm donations
60 minutes -
German tourist wins payout after losing sun lounger race
1 hour -
Iran considering US proposal to end war, official says
1 hour -
Injury row, yacht trip & petition – what’s going on with Mbappe?
3 hours -
Neymar apologises for slapping teenager Robinho Jr
3 hours -
Birmingham City to host Barcelona in pre-season friendly
3 hours -
Chelsea owners face moment of reckoning amid fan backlash
3 hours -
Piqué given two-month ban after row with referee
4 hours -
Our World Cup host ‘is Fifa, not Trump or America’ – Iran
4 hours -
Mexico players given World Cup training ultimatum
4 hours -
UK Fire Aid donates fire tender, equipment to GNFS to boost emergency response
4 hours -
Man’s hand severed in cutlass clash at Akyem Nkwanum
4 hours -
McIlroy ‘more motivated than ever’ before return
5 hours -
No clear law governs re-arrest of discharged suspects – Justice Abdulai on Hanan, wife re-arrest
5 hours