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Former Anderson County Council member and convicted Ponzi schemer Ron Wilson has been released from federal prison. He is either in home incarceration or a halfway house, a spokesman for the Bureau of Prisons said in a statement Monday. The federal prison system does not release more specific information for privacy and security reasons, the spokesman said. Records show Wilson was transferred Thursday to a reentry program out of Atlanta.  Wilson was convicted in 2012 of running a years-long silver investment scheme that bought little to no silver for investors. The $57 million Ponzi scheme t...

A federal judge in Greenville has ordered California businessman Scott Kohn to pay $501 million in a civil case involving the buying and selling of military veterans' benefits, an illegal practice illuminated by an investigation of The Greenville News. Kohn and a web of his affiliated companies must pay $436 million in restitution to thousands of veterans and other pensioners across the nation, according to an order that U.S. District Judge Bruce Hendricks signed last month. Kohn and his companies also are required to pay $65 million in penalties to the federal Consumer Financial Protectio...

Idaho agency targets insurance agent in civil lawsuit BOISE, Idaho (KIFI)-The Idaho Department of Finance (IDOF) alleges a Boise insurance agent bilked Idaho investors of approximately $1,685,000. The department filed a civil lawsuit in Canyon County against Ronald “Ronnie” Hill alleging he violated anti-fraud provisions in the sale of investment contracts.   The contracts were issued by Future Income Payments (FIP), as part of what the IDOF calls a pension factoring Ponzi scheme. The department claims Hill defrauded investors by misleading them about the safety of their investment, sel...

Businesswoman Melanie Jo Schulze-Miller admitted during a court hearing earlier this month that she falsified information on insurance paperwork as part of a lucrative scheme that preyed on cash-strapped military veterans and unsuspecting investors in South Carolina and across the nation. "Yes, I am guilty," Schulze-Miller said. The former national life-insurance sales director for an Arizona-based financial firm spoke while appearing on a video screen at the federal courthouse in Greenville. Schulze-Miller, 39, earned at least $1.2 million in commissions through her ties to a company call...

That's important. this is going to be an important day to try to get some handle on this fire which is now not at all contained, zero can containment. here we are in the third day. >> scott, where are people being evacuated to that lost their homes in these incredible images coming out of that area. and also how are they dealing with this, knowing once they return to their neighborhoods nothing could be left? >> reporter: yeah, and if you can imagine that, you evacuate with nothing other than basically the clothes on your back and not knowing what's going to happen to your home. and you realiz...