A federal jury has reached a verdict in a case involving a large-scale financial fraud scheme. Two individuals face significant prison time, up to 70 years, for their roles in the scheme. They were found guilty alongside a previously convicted co-defendant.

The case involved several investment companies and the solicitation of victims to invest in these entities. Further details about the scheme and those involved are available.

A guilty plea was entered by one of the co-defendants in March to multiple counts. The companies and individuals involved are part of a larger investigation, with more information available from the source.