For nineteen years, Andrew Hamilton Jacobus mailed Venezuelan doctors, lawyers, and parishioners account statements showing money that was not there. In March 2026 a federal judge gave him twenty years. The statements were the machine.
An Italian citizen running a New York investment advisory firm sold investors what looked like access to private company shares. Federal prosecutors say the shares did not exist. A judge sentenced him to four years.
Federal prosecutors say John Sterling Myers raised $4 million from 28 people and lost most of it before anyone knew the statements were fake. The arraignment is Friday.
Edwin Emmett Lickiss, Jr., 78, of Danville, pleaded guilty this week to running a Ponzi scheme that lasted from 1998 to 2024 and took at least $9.5 million from more than 93 investors. The license he needed to do any of it was gone by 2016.
Vincent Camarda built A.G. Morgan Financial Advisors in a Massapequa storefront and steered at least $138 million of his clients' retirement money into a Philadelphia Ponzi, a western mining bet, and his son's coffee startup. On April 3, 2026, he pleaded guilty.
On the morning of April 27, 2026, with closing arguments approaching in a 24-felony fraud trial, Gary Rathbun was found dead in his vehicle in Wauseon, Ohio. The $72 million Ponzi scheme he allegedly helped run for a decade did not die with him.