< Back to Previous Page 2 Men Indicted in Currency Scam That Bilked 700 Two Montana men have been indicted on various charges of fraud for bilking money out of over 700 investors in a currency scam. The two men, Richard Young and William Willard, were indicted on charges of mail fraud, wire fraud, conspiracy, money laundering and engaging in money transactions with property derived from criminal activity. The two men operated three companies in the state of Nevada, all of which were named in the indictment. They received nearly $1 million from foreign and domestic investors that they used for their own personal gain. "Individuals should be particularly cautious of promises of unusually high rates of return on investments," Nevada U.S. Attorney Greg Brower said in a written statement. "Offers that sound too good to be true could actually be part of a fraudulent scheme devised to steal your money." They face charges that could send them to federal prison for up to 30 years while also facing fines of $1 million or more. For any individual facing fraud charged in the Nevada area, contact the law firm of Joel M. Mann for expert legal counsel today.

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