Former Lewisville accountant sentenced to 48 years in prison
While victims will not get their money back, they say they are relieved that no one else will fall victim to the scheme.
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While victims will not get their money back, they say they are relieved that no one else will fall victim to the scheme.
Over the course of nearly two decades, federal prosecutors said James Nix defrauded more than 40 victim investors of at least $6 million.
A Dallas man who was found guilty of conning more than 400 investors out of nearly $15 million is headed to prison.
A McKinney man who ran a Ponzi scheme has been sentenced to 5 years in federal prison and ordered to pay $13 million in restitution to his victims.
Most of those who paid into the scheme are officers, but it's possible some people outside the department were victimized.
Jose Anibal Linares of Honduras was sentenced to five years in federal prison for conning investors out of roughly $2 million.
Jose Anibal Linares, 42, who operated JC Loans Finance and Inversiones JC Dallas, admitted he falsely told investors their funds were "insured by the FDIC."
Two Texas men were sentenced to federal prison for an investment fraud scheme and ordered to pay $9 million in restitution to victims.
Prosecutors say Juan Miguel Lopez sold fraudulent contracts in which investors were promised a return on money that was supposed to finance small business loans.
The former owner of a North Texas title company who stole millions from customers and referred to herself as the "Millennium Mobster" has been sentenced to 10 years in prison.
According to information presented in court, the Wagner brothers perpetrated what amounted to a Ponzi scheme that caused investors to lose over $2.1 million.
Regulators say a North Texas financial adviser who used radio advertising and held investment seminars has been indicted in an alleged $6 million Ponzi scheme.
A Colleyville businessman, who operated an oil and gas exploration company, was arrested Wednesday by U.S. Postal Inspectors on a federal criminal complaint charging him with mail fraud.
Both were sentenced to five years in federal prison and ordered to pay $2,373, 462 in restitution.
A ex-financial planner in Central Texas faces up to 20 years in prison for running a Ponzi scheme and stealing nearly $8.4 million from clients.
A North Texas man must serve nearly seven years in federal prison and repay $4.6 million for running an oil and gas Ponzi scheme.
A New York prosecutor says the federal government has brought its first bitcoin securities fraud case, accusing a 32-year-old Texas man of engineering a bitcoin Ponzi scheme.
A businessman from Colleyville who fled to Greece after pleading guilty to running a Ponzi scheme has been returned and sentenced to more than 17 years in a U.S. prison.
A federal judge in Dallas has approved an interim plan that distributes some $55 million in assets to bilked investors in a failed Ponzi scheme run by disgraced former Texas financier R. Allen Stanford.
A chandelier by glass artist Dale Chihuly that once belonged to Texas tycoon R. Allen Stanford is to be sold at auction to raise money to help compensate victims of his Ponzi scheme.
Investors in a $7 billion Ponzi scheme orchestrated by former Texas tycoon R. Allen Stanford could in the next few months finally begin getting back some of what they lost.
Texas tycoon R. Allen Stanford was sentenced to 110 years in prison for bilking investors out of more than $7 billion over 20 years in one of the largest Ponzi schemes in U.S. history.
The jury that convicted former Texas tycoon R. Allen Stanford of operating a massive Ponzi scheme found Thursday that there is sufficient evidence $330 million in frozen foreign bank accounts he controlled is money he stole from investors.
Texas tycoon R. Allen Stanford spent more than 20 years charming investors, who handed him billions of dollars they had spent their lives accumulating.
A ury has convicted Texas financier R. Allen Stanford on all but one of the charges he faced for bilking investors out of more than $7 billion in one of the largest Ponzi schemes in U.S. history.
The front on Christmas Eve will provide the lift needed to stir up some rumbles of thunder. Expect a rainy day, but conditions are likely to clear up with just some lingering cloud cover on Christmas Day.
Her name hasn't been released and no charges have been announced.
Rickey Henderson is widely considered to be one of the best leadoff hitters and base stealers in baseball.
Mark Burnett helped produce hits like "Survivor" and "The Voice," but is perhaps best known for teaming up with President-elect Donald Trump for "The Apprentice," which first aired in 2004.
Dominic DeLuca and Tony Rojas returned interceptions for touchdowns and Penn State toyed with mistake-prone SMU in a 38-10 victory in the opening round of the College Football Playoff.
The front on Christmas Eve will provide the lift needed to stir up some rumbles of thunder. Expect a rainy day, but conditions are likely to clear up with just some lingering cloud cover on Christmas Day.
Her name hasn't been released and no charges have been announced.
Derrick Sanders Jr., 19, is charged with felony murder for the death of his uncle, 40-year-old Christopher Sanders Sr.
Dominic DeLuca and Tony Rojas returned interceptions for touchdowns and Penn State toyed with mistake-prone SMU in a 38-10 victory in the opening round of the College Football Playoff.
Two employees of Union Pacific were killed in the collision Wednesday at a railway crossing in Pecos.
When a former Cedar Hill police officer was accused of soliciting sex from a DWI suspect he was already under investigation for similar behavior with a victim of domestic violence, internal records reveal.
Amber Crum was just 2 years old when she disappeared from the Pleasant Grove area the day after Christmas in 1983.
A nationwide gift card scam linked to Chinese organized crime involving gangs prompted law enforcement and DHS to take action.
"The events are not a mismanagement of business, but an intentional act to deceive and deprive," an investigator said.
For weeks, the I-Team traced the cups dropped inside seven locations in Garland, Plano, Frisco, Irving, Hurst, Highland Park, and Fort Worth.
Mark Burnett helped produce hits like "Survivor" and "The Voice," but is perhaps best known for teaming up with President-elect Donald Trump for "The Apprentice," which first aired in 2004.
Collin County Elections Administrator Bruce Sherbet discusses election-related issues in Texas with Jack Fink. He also reflects on his time in the role ahead of his retirement.
Frisco Mayor Jeff Cheney tells Jack Fink about economic development in the city. He also discusses the potential for a company to relocate its corporate headquarters to Frisco.
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
The Biden administration is canceling federal student loans for another 55,000 workers to the tune of $4.28 billion in what's expected to be the last such round before he leaves office.
At Fort Worth ISD's North Side High School, the sounds of an American sport on the field meet mariachi music in the stands.
With new foods, such as the "Drowning Taquitos" and the "Beso de Angel," Tony's Taco Shop owners say they don't take their success for granted.
Latinas in Tech DFW started back up last year after the pandemic. They have lots of opportunities for Latinas to network, connect, and learn new skills.
Anchor Ken Molestina shows us how he makes his Cuban coffee for the CBS News Texas newsroom.
Del Olmo, who has played golf his entire life, recalls how rare the sport was for people like him growing up in Mexico City.
A North Texas couple vetted and hired a local company for their move to Oregon, not knowing someone else would be taking their things.
Big solar companies oftentimes outsource on-the-ground sales efforts to third-party companies.
As more seniors fall victim to financial scams, citizens and lawmakers search for stronger consumer protections.
Following an I-Team investigation, Sunnova Energy is facing legal action from nearly a dozen Texas families.
A viral TikTok recipe that includes melting Jolly Ranchers landed a 9-year-old in the hospital with severe burns.
A Chicago man was stuck with a big medical bill after undergoing a colonoscopy that found no evidence of cancer. Here's why.
Some 13 oz. bags of Lay's Classic Potato Chips may contain an undeclared allergen, according to the snack company.
Many participants are amputees but the program also supports those with neurodivergent conditions, brain injuries, military injuries and more.
"The mystery has finally been solved," Congo's health ministry says, after an unidentified disease outbreak started killing mainly women and children in a remote region.
The sisters share a special bond of getting a second chance at life, which they both received at the age of 38 years old.
The concept is simple: a menu with no prices. Guests pay what they can afford.
The new Fort Worth facility is expected to create hundreds of new jobs to help build long-range assault aircraft.
The Dallas City Council voted Wednesday to approve a contract which includes a $15 million upgrade to the convention center.
"The events are not a mismanagement of business, but an intentional act to deceive and deprive," an investigator said.
According to the report, 15,151 Texas workers are owed back wages.
Rickey Henderson is widely considered to be one of the best leadoff hitters and base stealers in baseball.
"America's Team: The Gambler and His Cowboys" is coming to Netflix in 2025.
Rick Welts was previously the president and COO of the Golden State Warriors.
Before they step on the field, the SMU Mustangs football team has to get through finals first.
The Dallas Open takes place Feb. 1-9, 2025.
The lawsuit lays out Blake Lively's allegations against Justin Baldoni during their time working on "It Ends with Us."
A spokesperson for Foxx said that he had to get stitches after he was hit in the face by a glass thrown from someone else in the restaurant.
Sean "Diddy" Combs filed a motion Friday to dismiss his appeal for bail, meaning he will stay in jail until his trial on sex trafficking charges in May 2025.
This year, the team wanted to be sure more visitors could enjoy the trains.
Jamie Foxx opened up about why he was hospitalized for several weeks in April 2023.
CBS News Texas captured the excitement and energy of the BMW Dallas Marathon Festival through photos.
Cowtown lit up the streets of Downtown with smiles and lights during the annual Parade of Lights.
Check out photos of cars, trucks and SUV's on display this year at the Texas Auto Show at the State Fair of Texas.
We take a look back at Dallas Police Chief Eddie Garcia's time in Dallas.
Stars, stripes and plenty of fun in the sun is how Fort Worth celebrates the Fourth of July.
