SACRAMENTO (CBS13) — A suspect in a $35 million Ponzi scheme is in custody after trying to escape arrest by using a sea scooter to hide from FBI agents in Lake Shasta. The U.S. Attorney's office filed ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. A man wanted for his role in an alleged $35 ...

A man suspected of being behind a $35 million Ponzi scheme has been detained after trying to flee the FBI with an underwater vehicle beneath the depths of Lake Shasta, California. Matthew Piercy, who ...

SACRAMENTO — A California man who tried to evade arrest by jumping into a lake with an underwater scooter pleaded guilty Thursday to fraud, money laundering and witness tampering in connection with a ...

A Ponzi scheme suspect tried to evade pursuing FBI agents by diving into a California lake and attempting to flee the scene on an underwater “sea scooter,” officials said. According to the Sacramento ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. REDDING, Calif. (AP) — Prosecutors say a man ...

He’s more “swim risk” than flight risk. A California man wanted in an alleged $35 million Ponzi scheme tried to flee FBI agents — by hopping on an underwater “sea scooter” and taking it into a frigid ...

REDDING, Calif.REDDING, Calif. — A man wanted for his role in an alleged $35 million Ponzi scheme was arrested Monday after evading FBI agents by swimming into California’s largest reservoir using an ...