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A Ponzi Scheme Suspect Tries to Escape Using a Handheld Underwater “Seascooter”

James // Dave & Chuck the Freak November 18th

The FBI went to arrest a guy in California on Monday for running a $35 million Ponzi scheme.  And he tried to escape by jumping in a lake and using a “seascooter” to move around underwater.

It didn’t work, and he got out of the lake after 25 minutes.  He’s facing up to 20 years in prison.

FULL STORY

Suspect tries to escape FBI agents using underwater "sea scooter" in frigid California lake

A man wanted for his role in an alleged $35 million Ponzi scheme was arrested Monday after evading FBI agents by swimming into California's largest reservoir using an underwater "sea scooter," federal prosecutors said. Matthew Piercey spent about 25 minutes in frigid Lake Shasta using the Yamaha 350Li submersible device before he eventually resurfaced and was handcuffed, CBS Sacramento reported.

 

 

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