Ponzi Scheme

FBI Arrests Alleged Ponzi Mastermind in $43M Scheme

The FBI arrested a New York resident alleged to be the mastermind behind a complex Ponzi scheme that deceived the investors at least $43 million over several years. Damian Williams, the US Attorney for the Southern District of New York, and James Smith, the Assistant Director in Charge of the New York Field Office of the FBI, charged Idin Dalpour on charges of carrying out fraudulent investment activities. Dalpour reportedly attracted unsuspecting investors by promising substantial returns, concealing the true nature of his activities behind deceptive opportunities in both the Las Vegas hospitality industry and cryptocurrency trading. The FBI accusation