40 Years in Prison for Texas Duo Behind Illegal Pyramid Scheme
· Texas Border Business
LaShonda and Marlon Moore, a couple from Frisco, Texas, have been sentenced to 40 years in prison each for running an illegal pyramid scheme called 'Blessings in No Time' (BINT). Convicted on charges of conspiracy, wire fraud, and money laundering, they defrauded over 10,000 victims during the COVID-19 pandemic, amassing losses exceeding $30 million. The Moores falsely promised participants 800% returns on their investments of $1,400, exploiting trust within the African American community. The case was investigated by the U.S. Postal Inspection Service, the Secret Service, and the IRS Criminal Investigation Division, highlighting the severe consequences of such fraudulent schemes.
AI summary · Source: Texas Border Business →
