April 3, 2025 — Earlier today, at a federal courthouse in Brooklyn, Francius Marganda was sentenced by United States District Judge Dora L. Irizarry to 18 years’ imprisonment for running a $24.5 million Ponzi scheme that defrauded hundreds of predominantly Indonesian and Indo-American victim investors Read More
Leader of international Ponzi scheme targeting Indonesian-American community sentenced to 18 years in prison
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