Ponzi Scheme – All Hat, No Cattle
Two people have been charged with running a Ponzi scheme connected to the cattle business that raised around $650 million from victims across the country. The alleged Ponzi schemers, revealed Tuesday, May 11, 2021, by an unsealed federal indictment in Colorado, are Reva Joyce Stachniw, 69, of Galesburg, Illinois, and Ron Throgmartin, 57, of Buford, Georgia. In 2020, a third man, Mark Ray, resident of Denver, was charged by criminal information in the scheme. Continue reading ›