Tuesday, 18 August 2026
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The Guardian World· World

Georgia man deported from Fiji to face $165m crypto Ponzi scheme charges

Edward Zimbardi, 59, who had fled US, will appear in court in Los Angeles on wire fraud and money-laundering chargesA man from Flowery Branch, Georgia, has been deported from Fiji to face charges in his home state accusing him of defrauding more than 6,000 investors and causing more than $165m of losses in ⁠a cryptocurrency Ponzi ⁠scheme, the ​US attorney in Atlanta said on Monday.Edward Zimbardi,

Published Tuesday, 18 August 2026 at 12:05
Georgia man deported from Fiji to face $165m crypto Ponzi scheme charges
Edward Zimbardi, 59, who had fled US, will appear in court in Los Angeles on wire fraud and money-laundering chargesA man from Flowery Branch, Georgia, has been deported from Fiji to face charges in his home state accusing him of defrauding more than 6,000 investors and causing more than $165m of losses in ⁠a cryptocurrency Ponzi ⁠scheme, the ​US attorney in Atlanta said on Monday.Edward Zimbardi, 59, was indicted on 12 counts of ⁠wire fraud, 12 counts of money laundering and one count of money-laundering conspiracy. Continue reading...

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