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.
The student's parents have filed a lawsuit against the school district in Collin County, which they accuse of failing to report what happened to police.
While the murder continues to be investigated, police said it is an isolated incident.
Large hail, damaging winds with localized flooding are the main threats but there is a low tornado threat.
Title IX rules are mandatory for schools to continue receiving federal education funding.
While his family escaped unharmed, their house was left unlivable and most of their belongings unsalvageable.
Large hail, damaging winds with localized flooding are the main threats but there is a low tornado threat.
The student's parents have filed a lawsuit against the school district in Collin County, which they accuse of failing to report what happened to police.
The May 28 runoff elections could change how the Texas House is run, and affect which bills legislators take up.
While the murder continues to be investigated, police said it is an isolated incident.
Title IX rules are mandatory for schools to continue receiving federal education funding.
Every year, thousands of guns once used by law enforcement officers are discovered at crime scenes, even as police work to keep firearms out of criminals' hands.
A Mesquite woman's dramatic fight to evict a squatter took center stage in Austin Wednesday, where the senate committee on local governments took up the issue.
Despite the state's famous "Don't mess with Texas" ad campaign, the TCEQ only investigated half of the complaints it received last year.
Over the past several months, the CBS News Texas I-Team has reported on solar panel horror stories. This time, we set out to find a success story.
An investigation found how a Fort Worth property worth $1.3 million, home to a massive pile of trash, owed less than $200 in property taxes.
Former President Donald Trump has pleaded not guilty to all charges related to his alleged mishandling of sensitive government documents after leaving office.
Former President Donald Trump's defense rested its case at his "hush money" trial after calling two witnesses to the stand.
The National Rifle Association, whose image was sullied by former leader Wayne LaPierre's spending excesses, elected former GOP Rep. Bob Barr and Doug Hamlin to its top posts.
One of the most interesting races in North Texas is for House District 33, where Katrina Pierson, a former spokeswoman for former President Donald Trump, is trying to unseat incumbent Justin Holland.
A Democratic-led effort to safeguard access to IVF failed earlier this year in the Senate.
A string of recalls connected to Wisconsin-based supplier Schreiber Foods has now extended to Aldi stores after similar recalls at Hy-Vee and other grocery chains.
Over the past several months, the CBS News Texas I-Team has reported on solar panel horror stories. This time, we set out to find a success story.
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.
Mackenzie Blacketer is one of thousands of people recovering from substance abuse issues.
A Democratic-led effort to safeguard access to IVF failed earlier this year in the Senate.
Some bags of Pedigree dry dog food could pose a health hazard to pets, Mars Petcare warned in a recall posted by the FDA.
The City of Arlington has had its first sample to test positive in the area and will spray for prevention Wednesday night.
The parents of a U.K. toddler say it's "absolutely mind-blowing" to see their daughter, enrolled in a gene therapy trial, hear for the first time.
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.
Chuck Cooperstein, the voice of the Dallas Mavericks on the radio, said fans live in one of the most extraordinary confluences of professional sports events in North Texas history.
Simone Biles and Gabby Douglas are attempting to secure their ticket to the Summer Olympic Games in Paris.
The Dallas Mavericks are advancing in the NBA playoffs after a 117-116 win over the Oklahoma City Thunder.
Seize the Grey crossed the finish line first in the Preakness Stakes on Saturday, ending Mystik Dan's Triple Crown bid.
The Dallas Stars are headed to the Western Conference Finals! Stars win against Colorado Avalanche 2-1 in double overtime.
Hip-hop mogul Sean "Diddy" Combs posted a video on social media apologizing for his "inexcusable" behavior and that he takes "full responsibility" for his actions.
The 2016 footage, which was obtained and published by CNN, appears to show the rap mogul hitting, dragging and kicking the singer known as Cassie.
Jim Parsons and Mayim Bialik are reprising their roles from "Big Bang Theory" in part one of the "Young Sheldon" series finale.
Brittney and Cherelle Griner shared videos from their baby shower exclusively with "CBS Mornings."
Steve Buscemi was allegedly punched in the face in Manhattan's Kips Bay neighborhood last week.
Large hail, damaging winds with localized flooding are the main threats but there is a low tornado threat. The Storm Prediction Center has most of North Texas under a Level 3 Enhanced risk of severe storms.
A CBS News Texas investigation delves further into the continuing troublesome situation involving squatters.
Gregory and Salam Thomas want people to see the bright smile on their 4-year-old son Aaron that they say has too often been missing since he was enrolled at Canup Early Childhood Center in Princeton.
Plano ISD trustees heard recommendations Tuesday from its Long Range Facility Planning Advisory Committee on which campuses should close amid declining enrollment.
The autopsy report found trace amounts of ketamine in Perry's stomach, but the amount found in his bloodstream was the same as would be used in general anesthesia.
A storm chaser not only captured a massive tornado touching down in Hawley, Texas on Thursday but ended up rescuing a family of four whose home was destroyed by it.
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!