Ponzi Scheme at Continental Airlines Grounded, Ticket Agent Caught in $1 Million Ruse

(CBS/AP) Know anyone who isn't running a Ponzi scheme?

A former Continental Airlines sales agent, Victoria Scardigno, has pleaded guilty to wire fraud stemming from a $1 million Ponzi plot involving the sale of hundreds of fake airline ticket vouchers.

The plea was announced by the U.S. attorney's office in Manhattan.

Scardigno could spend up to 20 years in prison. She must also pay restitution.

Prosecutors said Scardigno, who worked at Newark Liberty Airport, sold the fake vouchers for $500 to $600 each. They say she deposited $1 million into her bank account.

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