Founders Of Bala Cynwyd-Based Company Face Charges Of Running $54M Ponzi Scheme
Three people are facing federal charges of running a Ponzi scheme through Mantria Corporation
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Three people are facing federal charges of running a Ponzi scheme through Mantria Corporation
Louis Spina faces up to 20 years in prison for wire fraud when he's sentenced in February.
"All of the promises made, allegedly, were to rehab, fix up etc. But in reality, what Mr. Poulson did was he spent the money on himself," U.S. Attorney Stephen Stigall said.
If you're thinking of buying burial insurance, this is what you should ask.
A northern New Jersey man involved in an investment fraud scheme that bilked investors out of millions of dollars has been sentenced to 33 months in prison.
A Main Line man who conned investors out of millions through a Ponzi scheme will be spending virtually the rest of his life in prison.
A 64-year-old Bala Cynwyd man has been sentenced to eight years in prison for a Ponzi scheme that cost just over 20 victims over $7 million.
Victims have told the court Ira Pressman is the Michael Jordan of schemers and he deserves a sentence long sentence.
It's a swiss-cheese tapestry of plot holes and arbitrary, nonsensical occurrences. The elaborate scheme is, let's face it, laughably preposterous. But maybe that's half the fun.
A suburban Philadelphia man with five prior white-collar convictions pleaded guilty Monday to running a $17 million real-estate Ponzi scheme.
Only CBS 3 cameras were there as a Main Line businessman was taken away to prison in handcuffs charged with defrauding investors out of more than $5 million dollars.
People who turned their money over to Carr Miller Capital were promised a 10-15 percent annual return on their investments.
The Philadelphia St. Patrick's Day Parade returns to Market Street Sunday.
SEPTA plans to create new bus routes and extend service on others in Philadelphia.
After its kitchen was damaged in a fire last year, the former Westmont Diner in Haddon Township, New Jersey, is reopening with a new name.
Trung Duc Lu, an alleged member of the "Born to Kill" gang, is wanted for the kidnapping and killings of two Vietnamese brothers in Philadelphia.
A new report reveals a troubling picture of how unprepared many Americans are for retirement.
A NEXT Weather Alert is in effect for the Philadelphia region due to a line of showers and strong to severe thunderstorms.
One of two men accused of throwing IEDs at protesters in New York City appears to have purchased fuses at a fireworks store in a Philadelphia suburb last week.
The Philadelphia St. Patrick's Day Parade returns to Market Street Sunday.
The Miss Black America Pageant celebrated its 58th anniversary, and to celebrate, you have to go back to its storied beginning.
SEPTA plans to create new bus routes and extend service on others in Philadelphia.
The Philadelphia St. Patrick's Day Parade returns to Market Street Sunday.
SEPTA plans to create new bus routes and extend service on others in Philadelphia.
Trung Duc Lu, an alleged member of the "Born to Kill" gang, is wanted for the kidnapping and killings of two Vietnamese brothers in Philadelphia.
A new report reveals a troubling picture of how unprepared many Americans are for retirement.
Students at Global Leadership Academy have returned home after a trip that taught several lessons about the trans-Atlantic slave trade.
After its kitchen was damaged in a fire last year, the former Westmont Diner in Haddon Township, New Jersey, is reopening with a new name.
New Jersey Gov. Mikie Sherrill, on the job for a little over a month, called for major cuts during her first budget address Tuesday.
A barge hauling scrap metal caught fire in the Delaware Bay on Tuesday.
Mortgage rates have fallen to a three-year low, prompting some homeowners to ask whether now is the right moment to refinance.
While the money promised by Gov. Mikie Sherrill will help Phillipsburg make sinkhole repairs, it won't be enough to get everyone back in their homes.
Up-and-coming bands are sharing their sound in between the aisles at Fiesta Fresh Farmers Market.
A barge hauling scrap metal caught fire in the Delaware Bay on Tuesday.
Mortgage rates have fallen to a three-year low, prompting some homeowners to ask whether now is the right moment to refinance.
Delaware residents can now schedule appointments at the Wilmington DMV, which will reopen on Tuesday, March 10, 2026.
New Castle County police fatally shot a man armed with knives after a standoff on Ramsey Road.
Yentli Soto Albrecht, who is a genetic carrier of ALS, is working on research at Penn that could one day prove life-saving.
The 18th annual Pink Invitational is raising money to help women with breast and ovarian cancer.
A micro-hospital that aims to help Delaware County after Crozer Health's collapse last year is inching closer to opening in Aston.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
The Franklin Mall in Northeast Philadelphia is set to reopen Friday after being because of a fire, a spokesperson said.
The Franklin Mall in Northeast Philadelphia is closed until further notice following a fire, a mall security official said.
Move over, Wawa, "there's a new player in town." Customers shed light on Pennsylvania's heated rivalry as Sheetz opened its first store in Montgomery County.
Former Sheetz president and CEO Steve Sheetz has died at age 77, the Altoona-based company announced on Monday.
The post-Christmas return rush was underway at shops and malls across the Philadelphia area.
The Philadelphia St. Patrick's Day Parade returns to Market Street Sunday.
SEPTA plans to create new bus routes and extend service on others in Philadelphia.
A person is dead, and another was critically injured in a crash in Southwest Philadelphia involving a SEPTA bus Wednesday afternoon, police said.
The same technology the PPA started using last year to ticket illegally parked drivers from cameras on SEPTA buses will soon be used on trolleys.
A stretch of Route 202, also known as DeKalb Pike, will be closed until late fall as work to prevent sinkholes gets underway.
Cam Payne scored 13 of his 32 points in the fourth quarter, rookie VJ Edgecombe added 21 points in his return to the lineup and the 76ers rallied to beat the Grizzlies 139-129 on Tuesday night.
Bam Adebayo scored 83 points, the second-most in a game in NBA history, and set records for most free throws taken and made on Tuesday.
The Eagles made two moves at tight end Tuesday by agreeing to terms with Johnny Mundt and bringing back Grant Calcaterra, according to multiple reports.
Philadelphia 76ers All-Star guard Tyrese Maxey will be sidelined for at least three weeks because of a tendon injury in the small finger of his right hand.
The Eagles and former Seahawks Pro Bowl cornerback Riq Woolen reached an agreement Tuesday on a one-year deal worth up to $15 million.
A woman was arrested on Sunday for firing multiple shots at the Beverly Hills home of Rihanna, Los Angeles Police Department officials say.
Streaming giant Netflix declined to match Paramount Skydance's $31 per share offer for Warner Bros. Discovery.
The Rock & Roll Hall of Fame has announced its 2026 list of nominees, including Phil Collins, Mariah Carey, Wu-Tang Clan and more.
Barry Manilow announced Friday he needs to reschedule several more concerts as he continues to recover following surgery after he was diagnosed with lung cancer.
"Jersey Shore" star Nicole "Snooki" Polizzi said in a TikTok video that her results at a post-op appointment for a cone biopsy showed stage 1 cervical cancer.
Ukee Washington reports.
Natasha Brown reports.
Natasha Brown reports.
Natasha Brown reports.
Ukee Washington reports.
Middle school students in Philadelphia got the opportunity to do hands-on learning during the school district's five-day career and technical camp.
With her Girl Talk mentoring program, one Philadelphia teen turned her camp days into a safe space to discuss social issues young girls face every day.
Recent high school graduate Sylvain Farrell says his temporary position at a local clinic is the pathway to a full-time career.
A Philadelphia student won an award from NFL Films for his documentary on bringing back sports teams at his Kensington school.
A group of East Norriton eighth graders took what started as an Earth Day project and made a whole initiative.
Authorities have identified the woman killed in a shooting in Tredyffrin Township, Pennsylvania, on Saturday as Megan Nieberle.
The FBI says Trung Duc Lu is now one of the agency's 10 Most Wanted. Lu is charged with kidnapping and other offenses after 2 Philadelphia brothers from Vietnam were found dead in the Schuylkill River in 2014. Dan Snyder reports.
The Philadelphia St. Patrick's Day Parade, one of the oldest parades in the country, is set to take over the streets of Philly on March 15. About 60 McHugh dancers, ranging from 4 to 18 years old, are set to perform during the parade. Marcella Baietto reports.
A new report reveals a troubling picture of how unprepared many Americans are for retirement. Josh Sidorowicz has more in this preview of the latest episode of the In Your Corner podcast from CBS News Philadelphia.
Seventh and eighth graders from Global Leadership Academy in West Philadelphia learned about the trans-Atlantic slave trade in Ghana and met and bonded with students at a school in the country's capital, Accra. Wakisha Bailey chats with the school's founder and students who have returned home from what they called the trip of a lifetime.