Cases by state
Ponzi schemes in Nevada
16 cases announced 2006–2026, involving about $1.5B in reported investor money. Most common types: investment funds & advisory, crypto & digital assets and trading, forex & commodities. Listed by where the main defendant was based.
The largest by reported amount: MRI International Inc, CSA Service Center LLC, The Factoring Company ($800M, 2013). Charges are allegations unless a court has entered a conviction or judgment.
Pitch phrases seen in these cases
- “100% money-back guarantee”
- “hundreds of millions of dollars in cryptocurrency reserves”
- “100% rate of return on their investments”
- “guaranteed weekly royalty payments”
- “sufficient money to fund the loan”
- “double-digit profits”
- “12.5 percent quarterly returns”
- “risk-free”
Cases
| Date | Case | Location | Industry | Amount |
|---|---|---|---|---|
| Aug 24, 2026 | Profit Connect Brent C. Kovar |
Las Vegas, NV | Crypto & digital assets | $24M |
| Jan 11, 2024 | Rodney Dean Buckle | Las Vegas, NV | Investment funds & advisory | $282,980 |
| Jan 7, 2023 | R.B.J. Generational Wealth Management LLC (dba Adz on Wheelz) Robert Cortez Marshall |
Las Vegas, NV | Investment funds & advisory | $5M |
| Oct 18, 2022 | Anna Kline (fka Jordana Weber) | Sparks, NV | Lending & cash advance | $7M |
| Aug 11, 2022 | Edgewize LLC, Moneyline Analytics, Moneyline Analytics Dublin Branch Matthew J. Turnipseede |
Las Vegas, NV | Investment funds & advisory | $8.5M |
| Apr 15, 2022 | Matthew Beasley, Jeffrey Judd, Christopher Humphries | Las Vegas, NV | Legal & litigation funding | $450M |
| Oct 16, 2019 | David Gilbert Saffron, Vincent Anthony Mazzotta Jr. | Las Vegas, NV | Crypto & digital assets | $12M |
| Sep 4, 2019 | John Frank Thomas III, Thomas Joseph Becker, Douglas Martin, Paul Hanson, Damian Ostertag | Las Vegas, NV | Investment funds & advisory | $29M |
| May 27, 2016 | David Kaplan | Zephyr Cove, NV | Investment funds & advisory | $15.8M |
| Sep 26, 2013 | MRI International Inc, CSA Service Center LLC, The Factoring Company Edwin Yoshihiro Fujinaga |
Las Vegas, NV | Investment funds & advisory | $800M |
| Mar 1, 2013 | Gary H. Lane | Reno, NV | Investment funds & advisory | $2M |
| Jul 2, 2012 | Cadeau Express Ramon DeSage |
Las Vegas, NV | Investment funds & advisory | $75M |
| Feb 21, 2012 | Verde Retirement LLC, Verde FX Nevada LLC, Covenant Capital Partners Steven L. Hamilton |
Las Vegas, NV | Real estate | $1.6M |
| May 15, 2009 | Axcess Automation LLC Gordon A. Driver |
Las Vegas, NV | Trading, forex & commodities | $14.1M |
| May 7, 2008 | Gold-Quest International David M. Greene (aka Lord David Greene), John Jenkins, Michael McGee |
Las Vegas, NV | Trading, forex & commodities | $27.9M |
| Jun 30, 2006 | Integrated Equities Inc. Jeffrey A. Weston |
Las Vegas, NV | Investment funds & advisory | $7.7M |