Public Policy Tipoffs Involving Missouri Newsletter for Sunday August 17, 2025 ( 1 items ) |
Two Admit Running Nearly 20-Year Pyramid Scheme That Victimized More Than 90 Missourians
ST. LOUIS, Missouri, Aug. 16 -- The office of the U.S. Attorney for the Eastern District of Missouri posted the following news release:
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Two Admit Running Nearly 20-Year Pyramid Scheme that Victimized More Than 90 Missourians
Two Missouri men on Friday admitted operating a long-running Ponzi scheme that cost more than 90 victims at least $3 million.
James "Jim" Johnson, 77, and Darrell Niswonger, 68, each pleaded guilty in U.S. District Court in Cape Girardeau to one count each of wire
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