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Post Reports

The alleged Ponzi scheme that preyed on Mormons

26 min • 6 mars 2023

Today on the show, the $500 million alleged Ponzi scheme that preyed on Mormons.


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Las Vegas investigative reporter Jeff German was killed outside his home in September; a Clark County official he had investigated is charged in his death. To continue German’s work, The Washington Post teamed up with his newspaper, the Las Vegas Review-Journal, to complete one of the stories he’d planned to pursue before he was killed. A folder on German’s desk contained court documents he’d started to gather about an alleged Ponzi scheme that preyed upon hundreds of people many of them Mormon over the course of five years. Post reporter Lizzie Johnson began investigating. Today on Post Reports, we look at how more than 900 people invested an estimated total of $500 million into an alleged Ponzi scheme, and why the men who allegedly ran this operation are still walking free. 

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