An Illinois woman and a Georgia man have been indicted by a federal grand jury in Colorado for allegedly running a Ponzi scheme that raised nearly $650-million from investors across the country. According to the indictment, the group solicited hundreds of millions of dollars from victim-investors and most-often represented that the investments were backed by short-term investments in cattle.
Reva Joyce Stachniw of Galesburg, Illinois and Ron Throgmartin of Buford, Georgia were charged with running the scheme.
