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.