Ponzi / Pyramid

The good faith account was neither good, nor faith, nor an account.

William Thomas Engle, a 68-year-old former attorney in Southlake, Texas, told small business owners their upfront money would sit in secure accounts until their loans funded. It sat in his personal accounts instead, and then it sat on a yacht.

Latest
Pump & Dump

The settlement check that never arrived, and the lawyer who cashed it instead

Tuan Anh Khuu spent five years diverting client settlement funds into his own accounts. The federal sentence came in July 2026. The Oklahoma City couple whose son died in a car accident is one of about twenty-two families who learned the money had a different destination than the one on the retainer agreement.

Pump & Dump

Jack Sullivan paid $3,000 to make it stop. It did not stop.

A Nigerian money launderer named Afeez Adewale was sentenced last week to five years for his role in the sextortion of a 20-year-old Pennsylvania man who died by suicide. The money he moved was $3,000. The cost was a life.

Ponzi / Pyramid

The deed was real. The signature on it was borrowed from a dead man.

Alicia England filed fake deeds using stolen identities from the living and the dead, then sold houses she never owned to buyers who found the listings on Facebook Marketplace. On July 14, 2026, a federal judge sent her to prison for 75 months.

Ponzi / Pyramid

The claims handler knew every door. She built the scheme behind them.

Jennifer Fleener spent nine years learning how her employer paid claims. Then she spent five more years turning that knowledge into $1.2 million, a network of fake policyholders in the Philippines, and eight federal sentences handed down this summer in the Southern District of Indiana.

Senior / Family

The insurance agent who wasn't. The emergency that never happened.

Michelle Acker pleaded guilty this week to a six-year wire fraud that drained more than $670,000 from an elderly woman and her friend. The mechanism was a voice on the phone, an emergency that never ended, and an insurance agent who never existed.

The Daily Brief

The package sat by the door for three days before the FBI knocked

Mark Tell · Jul 28

The land was never bought. The Rolexes were.

Mark Tell · Jul 28

She inherited her father's Porsche shop. Then she sold the same car twice.

Ray Delgado · Jul 28

The premium got paid. The policy never existed.

Elena Ruiz · Jul 27

The collection plate had a name on it. His.

Mark Tell · Jul 22

The check window at Pine Ridge had a name on it, and the name was hers.

Mark Tell · Jul 14

The venue took the deposit. The vendors were never paid. The bride paid twice.

Mark Tell · Jul 13

The self-checkout was the counter. The refund desk was the register.

Elena Ruiz · Jul 13

The offering plate had a bank account behind it, and the account was his

Elena Ruiz · Jul 13

The officer wrote the report. The report was the fraud.

Elena Ruiz · Jul 13

The contractor kept coming back after the house was sold

Elena Ruiz · Jul 9

The treasurer had the only key. He used it eighty-four times.

Mark Tell · Jul 8

He spun tale after tale for fifteen years. The wire transfers told a quieter one.

Ray Delgado · Jul 7

The CEO who chased his losses with a clinic's checkbook

Elena Ruiz · Jul 7
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