Money Laundering

Crime
5:42 pm
Thu December 19, 2013

Charlotte Investors Victim Of $44M Ponzi Scheme

A Statesville man is indicted on charges of operating a $44 million dollar Ponzi scheme that defrauded over 200 people since 2007.

Daniel Williford faces five federal counts of money laundering following an FBI investigation.

Fifty-five-year-old Daniel Williford doesn't fit the image of someone who runs a multi-million dollar Ponzi scheme. He owns a middle-class four-bedroom home in Statesville, valued at about $200,000. He's a former airline pilot who went into the computer business for himself about 20 years ago.

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