North Carolina man pleads guilty to $20 million Ponzi scheme, tax fraud, officials say

Former Bangor-area man pleads guilty to trying to hide $1M in bankruptcy case

A Florida man, formerly of Hampden and Orrington, pleaded guilty on Tuesday to evading roughly $1 million in federal taxes by transferring assets in his bankruptcy case. Paul Archer, 46, ran a profitable online marketing business for software installation on computers, earning several million dollars from 2013 through 2015, according to court records cited by the U.S. Department of Justice in a news release. After an IRS audit in 2016, he was as…

North Carolina man pleads guilty to $20 million Ponzi scheme, tax fraud, officials say

By JD Franklin III Click here for updates on this story     SUMMERFIELD, North Carolina (WXII) — A Piedmont Triad man has been convicted after pleading guilty to several charges, according to Acting United States Attorney Randall S. Galyon. According to court documents, from November 2017 to December 2023, William Rhew III defrauded at least 117 investors of at least $24 million. He induced victims to invest in his company Chadley Capital, LLC, …

Man buys boat, beach house, luxury cars while defrauding investors in Ponzi scheme

A North Carolina bought a boat, a beach house, and luxury cars while defrauding investors in a $20 million Ponzi scheme.

Summerfield man pleads guilty in federal court to Ponzi scheme that bilked 117 investors out of $24 million

William Lamar Rhew III pleaded guilty in federal court to money laundering, securities fraud, tax evasion and tax fraud, court records show.

Summerfield man pleads guilty to $20 million Ponzi scheme

According to court documents, from November 2017 to December 2023, William Rhew III defrauded at least 117 investors of at least $24 million.

Guilford County man pleads guilty to $20M Ponzi scheme, tax fraud: USDOJ

WINSTON-SALEM, N.C. (WGHP) — A Summerfield man pleaded guilty Tuesday to several tax crimes, according to the U.S. Department of Justice. William Lamar Rhew, III, of Summerfield, pleaded guilty to wire fraud, money laundering, securities fraud, tax evasion and failure to file a tax return in connection with a $20 million Ponzi scheme. Court documents show that from November 2017 to December 2023, Rhew defrauded at least $24 million from at least…