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Seattle-area man pleads guilty in $65M Ponzi case
A convicted textbook thief has pleaded guilty in a $65 million Ponzi scheme based on false promises of wealth in the Malaysian and Indonesian oil industry. With the plea entered Friday, 49-year-old Robert Miracle of Bellevue, Wash., faces up to 25 years in prison for mail fraud and tax evasion.
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- News Source: Seattle Times | 2 months agoA convicted textbook thief has pleaded guilty in a $65 million Ponzi scheme based on false promises of wealth in the Malaysian and Indonesian oil industry. With the plea entered Friday, 49-year-old Robert Miracle of Bellevue, Wash., faces up to 25...
- News Source: Seattle Times | 2 months agoProsecutors say Robert Miracle and two Malaysian men used money they took from some investors to pay others, all the while claiming they were helping develop vast tracks of oil-rich land overseas. They lied to investors, created fake financial...
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