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.
High gas prices and travel uncertainty are on the minds of many travelers as they try to book their vacations locally and overseas.
The Lehigh University men's basketball team is heading to the 2026 NCAA Tournament for the first time in more than a decade.
NYPD Chief Aaron Edwards hopped a metal barrier to chase down a suspect accused of throwing IEDs during clashing protests outside Gracie Mansion.
"The president is constantly critical on mail-in voting, and that's ridiculous," Democratic Sen. John Fetterman said Wednesday.
New owners say Springfield Hospital could reopen as soon as this year, bring much-needed health care to Delaware County.
After an early taste of summer in Philadelphia, temperatures are expected to drop more than 50 degrees.
High gas prices and travel uncertainty are on the minds of many travelers as they try to book their vacations locally and overseas.
Service on SEPTA's Market-Frankford Line between 30th Street and Spring Garden stations resumed Wednesday night after an underground fire.
The Lehigh University men's basketball team is heading to the 2026 NCAA Tournament for the first time in more than a decade.
NYPD Chief Aaron Edwards hopped a metal barrier to chase down a suspect accused of throwing IEDs during clashing protests outside Gracie Mansion.
New owners say Springfield Hospital could reopen as soon as this year, bring much-needed health care to Delaware County.
The return of a popular program that temporarily turns busy Center City streets into pedestrian-only spaces is back and expanding.
Service on SEPTA's Market-Frankford Line between 30th Street and Spring Garden stations resumed Wednesday night after an underground fire.
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.
High gas prices and travel uncertainty are on the minds of many travelers as they try to book their vacations locally and overseas.
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.
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.
New owners say Springfield Hospital could reopen as soon as this year, bring much-needed health care to Delaware County.
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.
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.
Service on SEPTA's Market-Frankford Line between 30th Street and Spring Garden stations resumed Wednesday night after an underground fire.
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.
The Lehigh University men's basketball team is heading to the 2026 NCAA Tournament for the first time in more than a decade.
It's a big summer for sports in Philadelphia, and one of the biggest events is the PGA Championship at Aronimink Golf Club.
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.
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.
Bill Kelly says the Philadelphia region will experience a major drop in temperatures Thursday. Here's the latest NEXT Weather forecast.
The war with Iran is causing the price of crude oil to jump, and in return creating a domino effect on gasoline, diesel and jet fuel.
SEPTA said the fire started just after 3 p.m. and caused a power outage from 30th Street to Spring Garden stations, which closed part of the El for hours.
The new owner of Springfield Hospital in Delaware County, Pennsylvania, which has been closed since 2022, says he wants to reopen it soon.
Bill Kelly says storms in the Philadelphia region Wednesday night could bring damaging straight-line winds between 60 and 70 mph and large hail. There is also a risk of an isolated tornado.