World Aug 18, 2026 · 1 min read

Georgia man deported from Fiji to face $165m crypto Ponzi scheme charges

Edward Zimbardi, 59, who had fled US, will appear in court in Los Angeles on wire fraud and money-laundering chargesA man from Flowery Branch, Georgia, has been deported from Fiji to face charges in his home state accusing him of defrauding more than 6,000 investors and causing more than $165m of lo...

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The Guardian
by Reuters
Georgia man deported from Fiji to face $165m crypto Ponzi scheme charges

Edward Zimbardi, 59, who had fled US, will appear in court in Los Angeles on wire fraud and money-laundering charges

A man from Flowery Branch, Georgia, has been deported from Fiji to face charges in his home state accusing him of defrauding more than 6,000 investors and causing more than $165m of losses in ⁠a cryptocurrency Ponzi ⁠scheme, the ​US attorney in Atlanta said on Monday.

Edward Zimbardi, 59, was indicted on 12 counts of ⁠wire fraud, 12 counts of money laundering and one count of money-laundering conspiracy.

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This article was originally published by The Guardian and written by Reuters.

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