Marshall Accused Of $95 Million Ponzi Scheme
Prosecutors say Michael Wallace is facing charges related to running a Ponzi scheme. The scheme allegedly stole more than $50 million from hundreds of people. A bankruptcy trustee reported that Wallace owes approximately $95 million to almost one thousand people.
Topics
Developing
- 900d Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore.
- 900d Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.
- 900d Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est.
- 900d Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium.
Sources · 7 independent
KIRO FM Seattle
“Michael Wallace CBS News to charge is related to running a Ponzi scheme. Prosecutors say he stole a total of more than $50 million from hundreds of people.”
KIRO FM Seattle
“Marshall owes almost a thousand people a total of about $95 million. Christopher Cruz, CBS News.”
KIRO FM Seattle
“thousand people a total of about $95 million. Christopher Cruz, CBS News.”
Unlock the full story
Get a Pro subscription or above to see the live story progression and the full list of independent sources confirming each event as they happen.
Log in to upgrade