08/21/2026
⚠️ 1 case. 500+ victims. $50+ million stolen.
Every day, the , IRS Criminal Investigation, and the United States Attorney's Office-Western District of Texas, work to pursue justice for victims and hold those responsible for fraud accountable.
Convicted fraudsters weaponized faith, friendship, and trust to lure investors into a Ponzi scheme that wiped out life savings—including, in one case, money needed for a kidney transplant.
Despite devastating losses—and the possibility they may never be made whole—victims helped unravel a complex financial case and helped bring fraudsters to and protect others from becoming victims.
FBI San Antonio Assistant Special Agent in Charge Alex Doran discusses the work on this case: https://ow.ly/v1ZB50ZCvf5
Press Release: https://ow.ly/MywG50ZCvf7
To learn more about how to protect yourself against business and investment fraud schemes, visit: https://ow.ly/90E050ZCvf6