Francius Luanda Marganda
Francius Luanda Marganda, a 42-year-old man with ties to Jakarta and New York, was sentenced to 18 years in prison for orchestrating a Ponzi scheme that defrauded at least 237 victims out of $24.5 million. His operation involved soliciting investments from fellow Indonesians, including targeting church communities, before fleeing the U.S. in 2021. He was apprehended in Singapore in 2023 and later extradited to the U.S. for prosecution.
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Francius Luanda Marganda was sentenced to 18 years in prison for defrauding at least 237 people out of 24.5 million dollars.
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