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Former Palisades resident misled smart ring investors in $2 million Ponzi scheme, authorities allege

Newseze Wire·Sun, Sep 27, 9:23 PMWire: LA Times Local
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Former Palisades resident misled smart ring investors in $2 million Ponzi scheme, authorities allege

A former Pacific Palisades resident was found guilty by a federal jury in Orange County Thursday of running a Ponzi scheme that stole nearly $2 million from investors.

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A former Pacific Palisades resident was found guilty by a federal jury in Orange County Thursday of running a Ponzi scheme that stole nearly $2 million from investors. The story falls into Newseze's local desk and is being actively tracked by our editorial team. Calm framing, primary-source references, and respectful tone — every Newseze story is scored for drama and conspiracy before it reaches you. Worth knowing: Newseze refreshes its newsroom every hour and flags fast-moving local and breaking news as it develops. Watch this page for updates. Reporting: LA Times Local.
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