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.
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.
Some former detainees say they're still traumatized, even decades after getting out.
A "selfless servant" is how friends and family are remembering Michael Lewis.
Simone Biles is heading back to the Olympics along with Jordan Chiles, Jade Carey, Hezley Rivera and Suni Lee.
Langford tripled in the fourth, doubled in the fifth and singled in the sixth.
Texas A&M hired Michael Earley to take over as the 21st baseball coach at the school.
A "selfless servant" is how friends and family are remembering Michael Lewis.
Some former detainees say they're still traumatized, even decades after getting out.
Flags will be in front of homes, businesses, and places of worship throughout Irving to celebrate the Fourth of July.
Simone Biles is heading back to the Olympics along with Jordan Chiles, Jade Carey, Hezley Rivera and Suni Lee.
Langford tripled in the fourth, doubled in the fifth and singled in the sixth.
Thousands of items disappeared from the DeSoto Police Department evidence room, an internal audit found.
When 72-year-old Tom England received his Medicare statement in the mail, he immediately sensed something was wrong.
Jeremiah Cottle is selling all the intellectual property rights for the manufacture of bump stocks.
In 2017, investigators found bump stocks attached to the guns used in the 2017 Las Vegas mass shooting, which killed 58 people - the deadliest mass shooting in U.S. history.
According to Tarrant Appraisal District records, the owner claimed the horses "stayed on the property year around," but inspectors said the evidence indicated otherwise.
Some Democrats question Biden's ability to campaign in the 2024 presidential election, divide over whether he should be the nominee, after voters say Trump won debate.
President Joe Biden and former President Donald Trump duke it out in their first debate in four years. In a one-on-one interview with Jack Fink, Sen. John Cornyn criticizes the Bureau of Alcohol, Tobacco, and Firearms over a recent rule change for gun sellers. Plus, grassroots Republicans in North Texas share who they'd like to see as Trump's running mate. Jack Fink covers these stories and more in the latest edition of Eye on Politics (original air date: June 30).
Every week, Eye on Politics breaks down some of the biggest political stories grabbing headlines in North Texas and beyond.
In a roundtable, political reporter Jack Fink speaks with four North Texas Republican grassroots activists about who their top three picks for former President Donald Trump’s running mate are.
Jack Fink speaks with spoke with Republican Michael Williams, a former Texas Education Agency Commissioner and Former Railroad Commissioner, and former Democratic State Representative Lorraine Birabil Of Dallas following the Presidential debate held on June 27. The next presidential debate is set for September 10th.
Richardson residents continue to recover from storms that hit North Texas with winds that created debris and damages to homes.
A string of recalls connected to Wisconsin-based supplier Schreiber Foods has now extended to Aldi stores after similar recalls at Hy-Vee and other grocery chains.
Over the past several months, the CBS News Texas I-Team has reported on solar panel horror stories. This time, we set out to find a success story.
Self-driving 18-wheelers have longtime truckers worried about their livelihood and others concerned that the technology needs more testing to make sure the public is safe.
McDonald's concept restaurant CosMc's has taken its drink-focused menu to Dallas for its second-ever location.
The FDA said its study better simulated how commercial milk processing kills the bird flu virus, H5N1.
The healthcare system called the Texas Health and Human Services Commission process "deeply flawed."
The advisory issued by Dr. Vivek Murthy came as the U.S. grappled with another summer weekend marked by deadly mass shootings.
MedStar says the biggest thing to stay safe this summer is to know the signs of heat-related illnesses. If you feel dizzy or incoherent call 911. Medics also advise people to hydrate often, because dehydration can sneak up on you days later.
Dr. David Moore said Baylor Scott & White Medical Center partners with the non-profit organization Haiti Cardiac Alliance and has performed surgeries on 40 Haitians since 2016.
Change is coming to the Fort Worth Stockyards in the form of a billion-dollar development project.
In a letter to Southwest's board, the investment firm complained that Southwest's stock price has dropped more than 50% in the last three years.
"Bad Boys: Ride or Die" opened with an estimated $56 million in theater sales over the weekend.
TXSE Group aims to launch by 2026.
The closures will impact hundreds of employees at locations in Dallas, Richardson, Las Colinas, Lake Highlands and Denton.
Simone Biles is heading back to the Olympics along with Jordan Chiles, Jade Carey, Hezley Rivera and Suni Lee.
Langford tripled in the fourth, doubled in the fifth and singled in the sixth.
Texas A&M hired Michael Earley to take over as the 21st baseball coach at the school.
Orlando Cepeda, the slugging Hall of Fame first baseman and Giants great nicknamed "Baby Bull," has died at 86.
Corbin Burnes scattered nine hits over seven innings, rookie Heston Kjerstad homered and drove in three runs and the Baltimore Orioles pummeled the struggling Texas Rangers 11-2.
Martin Mull came to national fame with a recurring role on the Norman Lear-created satirical soap opera "Mary Hartman, Mary Hartman," and the starring role in its spinoff, "Fernwood 2 Night."
The Oscar-winning actor and director spoke with CBS News Texas ahead of the release of his passion project.
The original 1997 illustration for the front of the first Harry Potter book has set a record for Potter-themed memorabilia on the auction block.
"CBS News 24/7," a daily flagship show featuring live reporting from CBS News and Stations' local-to-global newsrooms, brings viewers a dynamic and immersive news experience.
In 1999, a series about a New Jersey crime family premiered on HBO; it would change television. Series creator David Chase, and stars Edie Falco, Steven Van Zandt, Michael Imperioli and Steve Schirripa, discuss the personal and cultural impact of "The Sopranos."
The new Miss Texas is a first-year law student from Dallas whose family came to the U.S. In 1999. Annette Addo-Yobo became a U.S. Citizen two years ago and was crowned Miss Texas 2024.
The high-pressure heat dome over North Texas from mid to upper levels should retreat and allow activity from the plains to move in Friday into Friday night and Saturday morning.
A "selfless servant" is how friends and family are remembering Michael Lewis, the North Texas pilot who died in a plane crash earlier this week in McKinney Family members say Lewis was a devoted husband, father, and grandfather.
Investigators are canvassing the neighborhood looking for any surveillance cameras that may have caught something or witnesses with additional information.
A family member in Georgia has been arrested in connection to the fatal shooting of a Crowley ISD Junior Reserve Officers' Training Corps instructor.
Severe storms made way across North Texas on May 28, leaving behind a path of destruction.
Damage from across North Texas that was left behind by two tornadoes on May 25.
A storm chaser not only captured a massive tornado touching down in Hawley, Texas on Thursday but ended up rescuing a family of four whose home was destroyed by it.
Dallas artist Roberto Marquez traveled to the Rafah Crossing in Egypt, the U.S. capital and will attend this weekend's statewide protest in Austin.
On Friday, hundreds of thousands of fans gathered outside and all around Globe Life Field in Arlington to celebrate the Texas Rangers historical World Series win!