Georgia man deported from Fiji to face $165m crypto Ponzi scheme charges

Edward Zimbardi, 59, who had fled US, will appear in court in Los Angeles on wire fraud and money-laundering charges

A man from Flowery Branch, Georgia, has been deported from Fiji to face charges in his home state accusing him of defrauding more than 6,000 investors and causing more than $165m of losses in ⁠a cryptocurrency Ponzi ⁠scheme, the ​US attorney in Atlanta said on Monday.

Edward Zimbardi, 59, was indicted on 12 counts of ⁠wire fraud, 12 counts of money laundering and one count of money-laundering conspiracy.