Ohio

https://www.justice.gov/usao-sdoh/pr/local-businesswoman-sentenced-role-70-million-ponzi-scheme

Department of Justice
U.S. Attorney’s Office
Southern District of Ohio

FOR IMMEDIATE RELEASE
Wednesday, August 2, 2017

Local Businesswoman Sentenced for Role in $70 Million Ponzi Scheme

DAYTON – Connie Apostelos, also known as Connie Coleman, 51, formerly of Springboro, Ohio, was sentenced in U.S. District Court today to 30 months in prison for charges related to a $70 million Ponzi scheme that defrauded nearly 500 victims.
(snip)

Apostelos and her husband, William Apostelos, were indicted in October 2015. According to court documents, beginning in 2009, and continuing for at least five years, the couple and others orchestrated a Ponzi scheme in the Dayton area in which nearly 480 investors lost more than $20 million collectively. They received $70 million in investment funds in total.
(snip)