Man Who Fled FBI on Sea Scooter Pleads Guilty in $35M Ponzi Scheme

Published on May 21, 2025

Matthew Piercey ran a fake fund and used investor money for his own purposes, authorities said.

Continue reading on website
Other news

Osaic Taps Community Capital Tech for Loan, Banking Services

May 21, 2025
The advisor network is integrating CCT's proprietary banking platform and national loan origination network.

White House Says Failure to Pass Tax Bill Would Be ‘Ultimate Betrayal'

May 21, 2025
Lawmakers struck a deal on the SALT cap, but some ultraconservatives are still on the fence.      Related StoriesTrump Pushes SALT Republicans to Abandon Further Cap HikeMan Who Fled FBI on Sea Scooter Pleads Guilty in $35M Ponzi SchemeRetirees Are Stressed, but Few Are ‘Living the Nightmare'