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.
After the hottest May day ever recorded in Philadelphia history, Wednesday may be a repeat with record highs in the mid-to-upper 90s in spots.
Chris Rabb won a competitive Democratic primary for the U.S. House of Representatives seat representing part of Philadelphia.
Jefferson Methodist Hospital is temporarily closed on Tuesday night in South Philadelphia because of a power outage.
Former teacher Bob Harvie won the Democratic primary in Pennsylvania's 1st Congressional District, CBS News projects.
Bob Brooks won the Democratic primary for a U.S. House seat representing the Lehigh Valley, CBS News projects. He will attempt to flip the seat blue in the general election.
After the hottest May day ever recorded in Philadelphia history, Wednesday may be a repeat with record highs in the mid-to-upper 90s in spots.
Chris Rabb won a competitive Democratic primary for the U.S. House of Representatives seat representing part of Philadelphia.
Jefferson Methodist Hospital is temporarily closed on Tuesday night in South Philadelphia because of a power outage.
Former teacher Bob Harvie won the Democratic primary in Pennsylvania's 1st Congressional District, CBS News projects.
Bob Brooks won the Democratic primary for a U.S. House seat representing the Lehigh Valley, CBS News projects. He will attempt to flip the seat blue in the general election.
Chris Rabb won a competitive Democratic primary for the U.S. House of Representatives seat representing part of Philadelphia.
Jefferson Methodist Hospital is temporarily closed on Tuesday night in South Philadelphia because of a power outage.
Former teacher Bob Harvie won the Democratic primary in Pennsylvania's 1st Congressional District, CBS News projects.
Bob Brooks won the Democratic primary for a U.S. House seat representing the Lehigh Valley, CBS News projects. He will attempt to flip the seat blue in the general election.
As America prepares to celebrate its 250th birthday, one historian is marking the occasion with a journey along the Underground Railroad.
Five people were injured after a car and an NJ Transit River Line train collided Tuesday in Delran, a spokesperson for the transportation provider said.
The Philadelphia region is facing a double whammy of record-breaking heat mixed with the area's poor air quality.
A jury found Paul Caneiro guilty in February of murdering his brother, sister-in-law, niece and nephew before setting their New Jersey mansion on fire in 2018.
Crews are searching for a swimmer who went missing in Ocean City, New Jersey, on Monday night, the Coast Guard said.
Scientists are buzzing about Triantha x novacaesariensis, a newly identified plant found in New Jersey's Pine Barrens.
The historic Mother African Union Church in Wilmington, Delaware, was destroyed in a fire early Sunday morning.
A Delaware man is in custody after he barricaded himself and started a fire inside a Wawa store on Limestone Road, police say.
A New Castle County, Delaware, refinery is starting repairs that could increase its sulfur dioxide emissions levels past permitted limits.
At 108 years old, Susan Young Browne still exercises, drives and visits the Dover, Delaware, senior center she's been a member of for more than 50 years.
Delaware State University students are taking off from Chandelle Airport in Dover as they work to become future Army aviators.
The Philadelphia region is facing a double whammy of record-breaking heat mixed with the area's poor air quality.
Research from Thomas Jefferson University could help ID a new way to improve poor sleep and reduce the risk of Alzheimer's disease.
Life is back to normal for 21-year-old Gianna Parrillo-Shennard, whose life was saved by Jefferson Health's mobile stroke unit.
At least 80 deaths have been reported in a new Ebola disease outbreak in Congo and Uganda, authorities said.
NAMI Montgomery County is hosting a mental health awareness and fundraising walk for the organization's free mental health programs.
The 2026 PGA Championship at Aronimink Golf Club is a huge boost for Pottstown, Pennsylvania-based Lessen the Loads.
Bars and restaurants in Newtown Square are gearing up for an influx of customers as the 2026 PGA Championship is here.
If you dine out in Philadelphia during the 2026 FIFA World Cup events, you could end up paying more.
Bimbo Bakeries USA employs over 20,000 people and has been headquartered in Horsham, Pennsylvania, for the past 17 years.
Photos by HughE Dillon
Five people were injured after a car and an NJ Transit River Line train collided Tuesday in Delran, a spokesperson for the transportation provider said.
A crash involving a tractor-trailer in Chester County shut down the Route 30 Bypass Monday night.
SEPTA on Monday announced its plans to get fans to and from six World Cup matches in Philadelphia and the fan festival at Lemon Hill.
A Delaware woman died in a multi-vehicle crash on I-95 in South Philadelphia Tuesday night while her 4-year-old daughter was in the backseat, state police said.
A serious crash in Hainesport, New Jersey, forced Route 38 to close Thursday night.
Chase Burns shines for the Cincinnati Reds, striking out nine in six innings during a 4-1 victory over the Philadelphia Phillies.
Bryson Stott hit a two-run homer with two outs in the eighth inning and Jhoan Duran worked a 1-2-3 ninth as the Philadelphia Phillies extended their winning streak to five games with a 5-4 win over the Cincinnati Reds.
SEPTA on Monday announced its plans to get fans to and from six World Cup matches in Philadelphia and the fan festival at Lemon Hill.
On Monday, May 18, the merchandise tent at Aronimink Golf Club is open to the public for one day of last-minute shopping, where all remaining items are 50% off.
The 2026 PGA Championship at Aronimink Golf Club brought roughly 200,000 golf fans to Newtown Square, Delaware County.
Uzo Aduba and Darren Criss announced the 2026 Tony nominees for select categories on "CBS Mornings" on Tuesday.
If you dine out in Philadelphia during the 2026 FIFA World Cup events, you could end up paying more.
Call Your Mother, a Washington D.C. based bagel and deli chain, now has the keys to Metropolitan's Rittenhouse Square location.
The Philadelphia Museum of Art is embracing a statue it once kept at arm's length.
The "Dog Days Are Over" for the Flyers, but their return to the playoffs comes at the cost of the Florence + the Machine concert.
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 there's a chance of severe storms in the Philadelphia region on Wednesday. Here's the latest NEXT Weather forecast.
No one was injured when an explosive device detonated near a polling place in Catasauqua, Pennsylvania, during Tuesday's primary election, police said.
Democrats Bob Harvie and Bob Brooks are both looking to flip seats blue in November's general election.
Voters in parts of Philadelphia have selected Chris Rabb to represent them in the U.S. House of Representatives, CBS News projects.
Sources tell CBS News Philadelphia the temperature inside the hospital was 88 degrees during the outage.