Feds Arrest Inland Empire Man on Wire Fraud Charge that His $10 Million Ponzi Scheme Targeted Elderly and Retired People

             The feds arrested Paul Horton Smith Sr., 56, a Riverside County man on a federal criminal complaint alleging he swindled dozens of his clients, many of them elderly retirees, in a long-running Ponzi scheme that took in more than $10 million in victim-investor money.  He faces up to 20 years in federal prison.           …

Feds Arrest Inland Empire Man on Wire Fraud Charge that His $10 Million Ponzi Scheme Targeted Elderly and Retired People Read More »