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.
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The Pentagon keeps insisting the Strait of Hormuz is open, but with Iranian attacks continuing, one shipping insider says "nothing is going through."
Wednesday will be a noticeably better weather day than Tuesday in the Philadelphia region, with stray showers possible early in the day.
Max Muncy hit a two-run homer, Justin Wrobleski pitched into the seventh inning and the Los Angeles Dodgers beat Zack Wheeler and the Philadelphia Phillies 2-1 on Tuesday night.
Before Delaware County Memorial Hospital is demolished, the Upper Darby School District is working to save important items that are still inside.
Wednesday will be a noticeably better weather day than Tuesday in the Philadelphia region, with stray showers possible early in the day.
The Pentagon keeps insisting the Strait of Hormuz is open, but with Iranian attacks continuing, one shipping insider says "nothing is going through."
Max Muncy hit a two-run homer, Justin Wrobleski pitched into the seventh inning and the Los Angeles Dodgers beat Zack Wheeler and the Philadelphia Phillies 2-1 on Tuesday night.
Join CBS Philadelphia at Rivers Casino for the chance to become a contestant on The Price is Right.
Before Delaware County Memorial Hospital is demolished, the Upper Darby School District is working to save important items that are still inside.
Before Delaware County Memorial Hospital is demolished, the Upper Darby School District is working to save important items that are still inside.
Families in West Philadelphia are bracing for more rain and wind as they continue cleaning up from recent storms.
City Council President Kenyatta Johnson, police and other community members were in Southwest Philly Monday night for a "Peace Not Guns" canvass.
A man was shot multiple times in North Philadelphia Monday afternoon, police said.
Two groups in the Philadelphia area are helping cats and dogs from Texas find forever homes.
There were two confirmed tornadoes in northern New Jersey on Tuesday.
A Florida man was arrested and charged following a 15-hour standoff at a Walmart parking lot in Lumberton, New Jersey.
A 41-year-old woman died in a crash after fleeing a traffic stop with a 5-year-old child inside in Mantua Township Sunday night, officials said.
Two groups in the Philadelphia area are helping cats and dogs from Texas find forever homes.
Two young children were killed during the crash in Barnegat Bay between Berkeley Township and Seaside Heights on Sunday night.
Police in Wilmington are increasing patrols after receiving 28 reports of car break-ins and attempted thefts last weekend.
Health officials in Delaware have confirmed the first cases of measles in the state in more than a decade.
Delaware State Police are investigating a death after a man's body was found in a retention pond near Christiana Hospital in Newark.
Body-worn camera videos from the night Kadir Skinner was shot and killed by police in Wilmington, Delaware, were released by state and local officials Thursday.
Attorneys for the family of Kadir Skinner, the 19-year-old shot and killed by Wilmington police, have released new cellphone video.
Health officials in Delaware have confirmed the first cases of measles in the state in more than a decade.
Taylor Farms said none of its branded salads or kits contain the iceberg lettuce associated with the outbreak.
Pennsylvania is under a statewide Code Purple air quality alert on Friday because of smoke from the wildfires in Canada and Minnesota. But what does that mean?
A lettuce supplier to fast-food giant Taco Bell has been linked to a nationwide cyclosporiasis outbreak that has sickened thousands of people, the CDC said.
Pennsylvania will be under a code red air quality alert on Thursday because smoke from wildfires in Canada and Minnesota will create unhealthy levels of pollution for everyone.
While some assume landlords are required to provide air conditioning, the law is not nearly as clear-cut as it is for heat in the winter
New Jersey is set to charge companies whose workers have Medicaid health coverage.
Target is voluntarily recalling two types of baby wipes due to concerns that the products may be contaminated with bacteria that may cause "serious and life-threatening infections," the U.S. Food and Drug Administration said on Friday.
The Pennsylvania Liquor Control Board says it will begin approving the extended-hours permits for Philadelphia businesses within the next week.
Two top-rated and critically acclaimed restaurants in the Philadelphia area are receiving a new honor.
PennDOT is advising drivers about an overnight closure on the Schuylkill Expressway westbound in West Philadelphia between 30th Street and the interchange with I-676 East.
Pennsylvania State Police are investigating two crashes, one of which was fatal, that happened hours apart on I-95 and I-76 in Philadelphia.
An overturned tractor trailer blocked traffic on the southbound lanes of Route 55 after a crash early Monday morning in Gloucester County, New Jersey.
A major rail injection saw service suspensions and delays after a SEPTA Regional Rail train derailed Wednesday in Philadelphia.
Three men died in a plane crash in Maryland Saturday night, police said.
Max Muncy hit a two-run homer, Justin Wrobleski pitched into the seventh inning and the Los Angeles Dodgers beat Zack Wheeler and the Philadelphia Phillies 2-1 on Tuesday night.
Trea Turner hit two homers, including the 200th of his career, and drove in five runs, Bryce Harper and Brandon Marsh also went deep and the Philadelphia Phillies beat the Los Angeles Dodgers 10-7.
A warmup jacket worn by Wilt Chamberlain during the 1972 NBA finals that was found in an Oregon thrift store could fetch more than $150,000 in an auction closing Monday.
The Phillies will be throwing it back to the late 1930s and early 1940s during next month's Field of Dreams game in Iowa.
The New York Mets won a series in Philadelphia for the first time in nearly four years, beating the Phillies 6-1 on Sunday.
A warmup jacket worn by Wilt Chamberlain during the 1972 NBA finals that was found in an Oregon thrift store could fetch more than $150,000 in an auction closing Monday.
The actor's agent said he was providing more information following news reports "which contain inaccuracies and outright falsehoods."
Will Ferrell stopped in the Philadelphia area Monday to promote his new Netflix comedy series.
New Zealand actor Sam Neill, known for "Jurassic Park" and "The Piano," died Monday at 78, his family says.
The nominations for the 78th annual Primetime Emmy Awards were announced Wednesday morning in Los Angeles, with the final season of HBO Max's "Hacks" setting a new record for the most nominations in a single year for a comedy series.
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.
Here's your chance to come on down! The Price Is Right is holding open auditions on Wednesday in Philadelphia. CBS News Philadelphia's Nikki DeMentri is at Rivers Casino in Fishtown ahead of the open casting call.
After Tuesday's stormy weather, Wednesday brings a much quieter pattern with a mix of sunshine and clouds, and it's just the beginning of a beautiful stretch of summer weather. CBS News Philadelphia Meteorologist Kate Bilo has your Wednesday weather forecast.
Flowerbeds, fruit orchards, herb gardens and ancient trees all dating back to the 1790's can be found at Bartram's Garden.
Professor Bill Zimmerman is using the proposal as a lesson for students in his public relations class.
The suspects were seen on surveillance video attacking a man and then stealing his food outside the McDonald's on Grays Ferry Avenue.