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.
SEPTA said a person was struck at the Girard Avenue B line station on Wednesday morning, leading to service disruptions.
Certified financial planner Regina McCann Hess says kids begin learning about money long before parents realize it.
Robbie Ray and two relievers combined on a four-hitter as the San Francisco Giants beat the Philadelphia Phillies 6-0 to end their four-game skid.
The Pennsylvania Academy of the Fine Arts has lived many lives, and the people behind the easel say their work is far from done.
One person was taken to a hospital in critical condition after a fire in Chester, Pennsylvania on Wednesday, officials say.
A meteor spotted across multiple states Tuesday afternoon traveled more than 100 miles before disintegrating, NASA said.
SEPTA said a person was struck at the Girard Avenue B line station on Wednesday morning, leading to service disruptions.
Police say at least 27 spent shell casings were recovered in a targeted shooting that left a woman dead and two others wounded in West Philadelphia.
Certified financial planner Regina McCann Hess says kids begin learning about money long before parents realize it.
Robbie Ray and two relievers combined on a four-hitter as the San Francisco Giants beat the Philadelphia Phillies 6-0 to end their four-game skid.
SEPTA said a person was struck at the Girard Avenue B line station on Wednesday morning, leading to service disruptions.
Certified financial planner Regina McCann Hess says kids begin learning about money long before parents realize it.
One person was taken to a hospital in critical condition after a fire in Chester, Pennsylvania on Wednesday, officials say.
A shooting in Philadelphia's West Oak Lane neighborhood has left a 13-year-old boy dead and a 14-year-old boy injured Tuesday night, police said.
Police say at least 27 spent shell casings were recovered in a targeted shooting that left a woman dead and two others wounded in West Philadelphia.
A meteor spotted across multiple states Tuesday afternoon traveled more than 100 miles before disintegrating, NASA said.
With Memorial Day less than seven weeks away, several shore points are working to replenish their beaches after severe erosion.
"Kidneys Kount" was written by Kendall Brunson, who survived nearly a decade on dialysis before finally receiving a kidney.
Officials say a former surgical technician stole $2.5 million in medical supplies from a Camden hospital and sold them to a wholesale medical supply company in South Carolina.
Wawa is recalling four popular 16-ounce drinks sold at a number of stores in Pennsylvania, Delaware, Maryland, New Jersey and Virginia.
A meteor spotted across multiple states Tuesday afternoon traveled more than 100 miles before disintegrating, NASA said.
An Acme Markets store in Middletown, Delaware, sold the lottery ticket that won the $230.8 million Powerball jackpot.
Wawa is recalling four popular 16-ounce drinks sold at a number of stores in Pennsylvania, Delaware, Maryland, New Jersey and Virginia.
Police are investigating what they believe to be human remains, including a skull, found in a wooded area in Wilmington this weekend.
TSA officer and union representative LaShanda Palmer says several members are missing car payments and struggling to care for their families.
An exhibit called Revolutionary Botany at the Mütter Museum explores the origins of the American pharmacy and Philly's role.
The Be Still Foundation is hosting a nationwide pickleball tournament during National Parkinson's Awareness Month.
Wawa is recalling four popular 16-ounce drinks sold at a number of stores in Pennsylvania, Delaware, Maryland, New Jersey and Virginia.
Officials said access is an issue for many in Burlington County, home to almost half a million residents.
Ariana Ugarte is among about 500 children who have had kidney transplants at St. Christopher's Hospital for Children in Philadelphia.
Gas prices are climbing, putting a strain on the transportation industry and its workers in the Philadelphia area.
FIFA officials have canceled hundreds of hotel rooms in Philadelphia previously booked for this summer.
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.
SEPTA said a person was struck at the Girard Avenue B line station on Wednesday morning, leading to service disruptions.
Residents along Germantown Avenue in Philadelphia say speeding cars in the area have been a consistent problem.
Interstate 78 eastbound is back open on Saturday after a plane made an emergency landing.
All TSA security checkpoints at Philadelphia International Airport have reopened after weeks of staffing shortages due to a partial government shutdown.
SEPTA said it has bought 24 used Bombardier Comets railcars from the Montreal public transportation system, Exo.
Robbie Ray and two relievers combined on a four-hitter as the San Francisco Giants beat the Philadelphia Phillies 6-0 to end their four-game skid.
South Carolina women's basketball coach Dawn Staley says it is time to move past her Final Four skirmish with UConn coach Geno Auriemma that became the talk of the tournament.
A four-run seventh inning fueled by Bryce Harper and Alec Bohm propelled the Phillies to a come-from-behind win over the San Francisco Giants Monday night.
Stephon Castle had 17 points, 13 assists and 10 rebounds and the San Antonio Spurs held on to beat the Philadelphia 76ers 115-102 after losing Victor Wembanyama in the first half due to a left rib contusion.
This is Michigan's second NCAA title in school history, and the win ends a 26-year national championship drought for the Big Ten.
Philadelphia's Southeast Asian Market is back for 2026, opening April 4 and returning nearly every weekend through the end of October.
In Center City, Chris' Jazz Cafe draws crowds each Tuesday through Saturday for live performances. But behind the scenes, another kind of performance unfolds each night.
Philadelphia's renowned restaurant scene has scored seven finalists for the 2026 James Beard Foundation Awards in Chicago.
A Las Vegas performer has sued Taylor Swift over the title of her hit album "The Life of a Showgirl," alleging it violates the performer's trademark.
The price hike raises the cost of the standard plan with ads by $1 per month and the cost of the standard and premium plans by $2.
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.
Wednesday is another chilly day in the Philadelphia region and we're expecting another round of freezing temperatures heading into Thursday morning. NEXT Weather Meteorologist Kate Bilo has the latest forecast.
Philadelphia police are investigating a shooting near a basketball court at 19th Street and 71st Avenue in West Oak Lane. Brandon Goldner reports.
A man was hospitalized in critical condition after firefighters rescued him from a home in Chester, Pennsylvania, on Wednesday morning.
The last major renovations at PAFA on North Broad Street were done in 1976, coinciding with the nation's bicentennial. Now as it turns 220, and the nation turns 250, it's getting another major facelift. Nikki DeMentri reports.
Get ready for some colder temperatures in the Philadelphia region Wednesday. Here's the NEXT Weather forecast.