Former Lewisville accountant sentenced to 48 years in prison
While victims will not get their money back, they say they are relieved that no one else will fall victim to the scheme.
While victims will not get their money back, they say they are relieved that no one else will fall victim to the scheme.
Over the course of nearly two decades, federal prosecutors said James Nix defrauded more than 40 victim investors of at least $6 million.
A Dallas man who was found guilty of conning more than 400 investors out of nearly $15 million is headed to prison.
A McKinney man who ran a Ponzi scheme has been sentenced to 5 years in federal prison and ordered to pay $13 million in restitution to his victims.
Most of those who paid into the scheme are officers, but it's possible some people outside the department were victimized.
Jose Anibal Linares of Honduras was sentenced to five years in federal prison for conning investors out of roughly $2 million.
Jose Anibal Linares, 42, who operated JC Loans Finance and Inversiones JC Dallas, admitted he falsely told investors their funds were "insured by the FDIC."
Two Texas men were sentenced to federal prison for an investment fraud scheme and ordered to pay $9 million in restitution to victims.
Prosecutors say Juan Miguel Lopez sold fraudulent contracts in which investors were promised a return on money that was supposed to finance small business loans.
The former owner of a North Texas title company who stole millions from customers and referred to herself as the "Millennium Mobster" has been sentenced to 10 years in prison.
According to information presented in court, the Wagner brothers perpetrated what amounted to a Ponzi scheme that caused investors to lose over $2.1 million.
Regulators say a North Texas financial adviser who used radio advertising and held investment seminars has been indicted in an alleged $6 million Ponzi scheme.
A Colleyville businessman, who operated an oil and gas exploration company, was arrested Wednesday by U.S. Postal Inspectors on a federal criminal complaint charging him with mail fraud.
Both were sentenced to five years in federal prison and ordered to pay $2,373, 462 in restitution.
A ex-financial planner in Central Texas faces up to 20 years in prison for running a Ponzi scheme and stealing nearly $8.4 million from clients.
A North Texas man must serve nearly seven years in federal prison and repay $4.6 million for running an oil and gas Ponzi scheme.
A New York prosecutor says the federal government has brought its first bitcoin securities fraud case, accusing a 32-year-old Texas man of engineering a bitcoin Ponzi scheme.
A businessman from Colleyville who fled to Greece after pleading guilty to running a Ponzi scheme has been returned and sentenced to more than 17 years in a U.S. prison.
A federal judge in Dallas has approved an interim plan that distributes some $55 million in assets to bilked investors in a failed Ponzi scheme run by disgraced former Texas financier R. Allen Stanford.
A chandelier by glass artist Dale Chihuly that once belonged to Texas tycoon R. Allen Stanford is to be sold at auction to raise money to help compensate victims of his Ponzi scheme.
Investors in a $7 billion Ponzi scheme orchestrated by former Texas tycoon R. Allen Stanford could in the next few months finally begin getting back some of what they lost.
Texas tycoon R. Allen Stanford was sentenced to 110 years in prison for bilking investors out of more than $7 billion over 20 years in one of the largest Ponzi schemes in U.S. history.
The jury that convicted former Texas tycoon R. Allen Stanford of operating a massive Ponzi scheme found Thursday that there is sufficient evidence $330 million in frozen foreign bank accounts he controlled is money he stole from investors.
Texas tycoon R. Allen Stanford spent more than 20 years charming investors, who handed him billions of dollars they had spent their lives accumulating.
A ury has convicted Texas financier R. Allen Stanford on all but one of the charges he faced for bilking investors out of more than $7 billion in one of the largest Ponzi schemes in U.S. history.
Irving police arrested a fourth person in connection to a deadly double shooting investigation.
The Biden administration said it's erasing debt for people who attended the for-profit Art Institutes, which shut down in September.
As of 5 p.m., 17 people were arrested for criminal trespass, the school said.
CBS News medical contributor Dr. Céline Gounder explains why experts hope more aggressive screening guidelines will help address some concerning breast cancer trends.
Carroll ISD says there was an anonymous report of a potential threat on campus.
Flooding, large hail and damaging winds are all possible.
Irving police arrested a fourth person in connection to a deadly double shooting investigation.
The Biden administration said it's erasing debt for people who attended the for-profit Art Institutes, which shut down in September.
As of 5 p.m., 17 people were arrested for criminal trespass, the school said.
CBS News medical contributor Dr. Céline Gounder explains why experts hope more aggressive screening guidelines will help address some concerning breast cancer trends.
In a statement, Philips said it does not admit any wrongdoing but chose to settle "to end the uncertainty associated with litigation in the U.S."
A scammer a North Texas woman met on Instagram claimed to be a German cardiologist, and for months, the two messaged back and forth, building what she thought was a true relationship.
They found him guilty – now four jurors are explaining how they were convinced to convict Dr. Raynaldo Ortiz.
Texas police departments have the discretion to determine the frequency and extent of additional driving training for their officers. While some require driving training yearly or every other year, others do not.
Some departments opt to melt the firearms down, while others choose to crush them. However, there are instances where firearms, or at least parts of them, escape destruction altogether.
The Biden administration said it's erasing debt for people who attended the for-profit Art Institutes, which shut down in September.
The Biden administration is considering bringing certain Palestinians fleeing war-torn Gaza to the U.S. as refugees, according to internal federal government documents obtained by CBS News.
The proposal would recognize the medical uses of cannabis and acknowledge it has less potential for abuse than some other drugs.
Judge Juan Merchan said Trump violated the order nine times in recent weeks and fined him $1,000 for each violation.
Prosecutors in former President Donald Trump's criminal trial in New York called their fifth witness to the stand as proceedings continued Tuesday.
Self-driving 18-wheelers have longtime truckers worried about their livelihood and others concerned that the technology needs more testing to make sure the public is safe.
McDonald's concept restaurant CosMc's has taken its drink-focused menu to Dallas for its second-ever location.
With the country on the cusp of greeting the return of spring, a warm-weather treat is once again available for free for a limited time only.
Kelli and Michael Regan were looking for a new dog. The breeder they found online asked them to pay with gift cards.
Target, looking for ways to add sales, is relaunching its Target Circle loyalty program including a new paid membership with unlimited free same-day delivery in as little as an hour for orders over $35.
Cat deaths and neurological disease are "widely reported" around farms where the H5N1 bird flu virus was detected, health officials say.
The White House had been due to decide on the menthol cigarette rule in March.
First known HIV cases from a nonsterile injection for cosmetic reasons highlights the risk of unlicensed providers.
The CDC estimates the U.S. could reach 300 measles cases in 2024 — more than the recent peak two years ago.
Organic option is best when buying certain produce, especially blueberries, nonprofit group says in analysis of chemical residues.
Within hours of the vote, the U.S. Chamber of Commerce announced it would sue to block the ban. Dallas employment attorney Rogge Dunn predicts employees will ultimately win this battle.
The closure affects both Dom's locations in Chicago, and all 33 Foxtrot stores in Chicago, Texas, and the Washington D.C. area.
Texas law SB 14 prohibits drug and surgical "gender transition" interventions for minors.
The projects are expected to create at least 17,000 construction jobs and 4,500 manufacturing jobs.
After more than 40 years in business, 99 Cents Only Stores, a discount chain, announced on Thursday that it will close all 371 of its locations and cease operations.
The running back is officially a Dallas Cowboy again after a steak dinner that sealed the deal.
Tickets are not officially on sale yet. You can sign up for presale tickets on the AT&T Stadium website.
Wyatt Johnston scored his third goal in two games, and the Dallas Stars beat the defending champion Vegas Golden Knights 4-2 to even their first-round NHL playoffs series.
Running back Zeke Elliott will suit up for the Cowboys for the 2024 season.
Game 4 is Monday night!
Tickets are not officially on sale yet. You can sign up for presale tickets on the AT&T Stadium website.
Paramount said long-time CEO Bob Bakish will leave the company, which is in discussions to explore a sale or merger.
The vinyl sales alone were monumental, Billboard said, with "the largest sales week for an album on vinyl in the modern era."
Harvey Weinstein's 2020 conviction on felony sex crime charges has been overturned by the State of New York Court of Appeals.
Taylor Swift fans have found a way to feel "a little bit closer to" their hero at a London watering hole, and The Black Dog pub is lapping it up.
Strong to severe storms are possible late Wednesday into Thursday morning.
The group says they're waitign in support of those arrested at UT Dallas.
Southlake police say they got an anonymous tip overnight that someone saw a message written on a bathroom door referring to the STAAR test and a potential school shooting at Carroll High School on May 1. Now police are investigating.
You've probably heard about the benefits of a Mediterranean diet and a healthy heart. However, this new study is highlighting benefits in the brain for adolescent students.
A female cashier was stabbed several times during an attempted robbery. It happened at the Kroger along Camp Bowie West Wednesday afternoon. She was rushed to the hospital in critical condition and is expected to survive. A suspect, an adult male, was taken into police custody.
Dallas artist Roberto Marquez traveled to the Rafah Crossing in Egypt, the U.S. capital and will attend this weekend's statewide protest in Austin.
On Friday, hundreds of thousands of fans gathered outside and all around Globe Life Field in Arlington to celebrate the Texas Rangers historical World Series win!
Babies in the neonatal intensive care unit at several Texas Health hospitals were dressed in creative costumes for Halloween.
Is that the smell of cotton candy, beignets and brisket wafting over Fair Park? It sure is, and we are here for it!
No one puts these dolls back in their boxes. Babies in the neonatal intensive care unit at Texas Health Harris Methodist Hospital Southwest Fort Worth are pretty in pink!