Travis Kelce, NFL player and husband of singer Taylor Swift, was among 64 victims in a $35 million Ponzi scheme by Siddharth Jawahar, an Indian-origin businessman living illegally in the US. Jawahar ran Swiftarc Capital, misleading investors by funneling money into a failing overseas investment and repaying old investors with new funds. Convicted of wire fraud, Jawahar was sentenced to 11 years and ordered to pay $31.35 million restitution. Kelce's loss amount is undisclosed; he is solely a victim. #TravisKelce# #TaylorSwift# #PonziScheme# #SiddharthJawahar#

🇺🇸 The man prosecutors say ran a Ponzi scheme past Taylor Swift's husband, Travis Kelce, just got 11 years An illegal immigrant pleaded guilty after raising more than $35 million for a fund that, the government says, put only about $10 million into one company and then used new money to pay old investors. The rest went to jets, hotels, clubs, dinners, and clothes, the stock he did buy tanked and he did not tell the clients... How many athletes are getting ripped off like this? Writer: Samuel

When the Wells Run Dry: The Ponzi Scheme Behind the AI Water Grab You know 1 campus can drink hundreds of millions of gallons a year just to stay cool. And when the wells go dry, who drinks first? The family farm or the server farm? @Sheman Nugent

CASE UPATE from @FBIAtlanta: Alleged Mastermind of $165 Million Cryptocurrency Ponzi Scheme Facing Federal Charges after Deportation from Fiji #FBI# Atlanta special agents just returned from FIJI where they arrested a man allegedly behind a multi-million-dollar Crypto Ponzi scheme. Edward Zimbardi is now back on U.S. soil to face justice. Learn more: