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.
"Being born different comes with a lot behind it," Ashley Griggs said. "People can really be cruel."
The proposed breakup calls for Google to sell its industry-leading Chrome web browser and impose restrictions designed to prevent its Android smartphone software from favoring its search engine.
Police received the call around 6:30 p.m. in the 5900 block of Highland Village Drive near Simpson Stuart Road.
Jurors will now decide, during the penalty phase, if 44-year-old Jason Thornburg will be sentenced to death.
The Board of Regents will vote on the tuition plan on Thursday.
If you are headed out this evening, grab a jacket. Winds will subside, but temperatures will cool quickly with dry air in place.
"Being born different comes with a lot behind it," Ashley Griggs said. "People can really be cruel."
The proposed breakup calls for Google to sell its industry-leading Chrome web browser and impose restrictions designed to prevent its Android smartphone software from favoring its search engine.
Police received the call around 6:30 p.m. in the 5900 block of Highland Village Drive near Simpson Stuart Road.
Jurors will now decide, during the penalty phase, if 44-year-old Jason Thornburg will be sentenced to death.
A study found that Elon Musk is the most common celebrity used in deepfake scams.
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.
A Collin County man is facing an extremely rare traffic citation after an encounter that was caught on video.
The CBS Data Team learned there are about 5600 mail thefts reported every year in the North Texas region- that's more than 15 reported thefts a day.
Four men chosen by President-elect Donald Trump for top positions have been accused of varying degrees of sexual misconduct.
Linda McMahon is a co-chair of President-elect Donald Trump's transition team and was the Small Business Administrator in his first term.
President-elect Donald Trump's six-year New York criminal odyssey might need to continue for at least another four, prosecutors said Tuesday.
Texas public elementary schools could use teachings from the Bible in lessons under a proposal drawing intense opposition and praise.
Two women testified before the House Ethics Committee that Matt Gaetz paid them "for sex," their lawyer told CBS News' Major Garrett.
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.
Auri and her sister Suri were preparing to walk their dogs when the 8-year-old started choking.
The FDA sent a warning letter flagging "significant violations" of manufacturing regulations for Tom's of Maine toothpaste.
Overdose deaths have slowed 18% since a peak last year, the CDC estimates.
Illnesses linked to slivered onions on McDonald's Quarter Pounder burgers expand to 14 states, federal officials say.
The packaging label omitted a key ingredient, prompting a Food and Drug Administration recall.
Seventeen thousand workers depend on those containers to arrive by train or truck transport inside southern Dallas County’s International Inland Port.
Following an I-Team investigation, Sunnova Energy is facing legal action from nearly a dozen Texas families.
Elliott Hill is a TCU graduate and currently serves on the school's board of trustees.
Chevron Corporation announced Friday it would relocate its headquarters from San Ramon to Houston, Texas before the end of the year.
The U.S. Olympic and Paralympic Committee filed a federal lawsuit this week alleging Prime, Logan Paul's energy drink company, of infringing on the committee's trademarks.
After another home blowout, fans are left wondering what to look forward to with seven games remaining.
The front office remains behind head coach Mike McCarthy, and QB Cooper Rush will continue to start.
Joe Mixon ran for three touchdowns, Derek Barnett returned a fumble 28 yards for a score and the Houston Texans beat the Dallas Cowboys 34-10.
Florida Atlantic fired coach Tom Herman on Monday with two games left in his second season at the school, neither of which resulted in a winning record.
The much-hyped fight pitting the 58-year-old Tyson against Paul, 27, shattered records but was marred by tech glitches.
Family and friends of One Direction star Liam Payne, who died after falling from a Buenos Aires hotel room, have gathered for his funeral in England.
Jake Paul's promotions company says the fighter's unanimous decision over Mike Tyson was the highest-grossing combat sports event in Texas since 2021.
For years, actor and comedian Katt Williams has claimed he lied about his age as a teenager to join the Marines and passed boot camp before being drummed out. The Marines have no record of him ever serving.
The much-hyped fight pitting the 58-year-old Tyson against Paul, 27, shattered records but was marred by tech glitches.
With the release of part one of her new memoir, Cher talks about her relationship - on stage and off - with Sonny Bono, and why their TV partnership survived beyond their marriage.
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.
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.
