Saturday - December 21, 2024
Justice Dept.: Two Colorado Men Charged With Operating Multi-Million-Dollar Investment Fraud Scheme
December 20, 2024
WASHINGTON, Dec. 20 -- The U.S. Department of Justice issued the following news release on Dec. 18, 2024:

A grand jury in Denver returned an indictment, unsealed today, charging two Colorado men with wire fraud, conspiring to commit wire fraud and money laundering related to their operation of a multi-million-dollar investment fraud scheme called the "ROI Cash Flow Fund."

According to the indictment, from about January 2023 to February 2024, Timothy McPhee, of . . .

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