2 more charged in Wilson Ponzi scheme - FOX Carolina 21

2 more charged in Wilson Ponzi scheme

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Ronnie Wilson enters the Federal Courthouse in Greenville. (July 30, 2012/FOX Carolina) Ronnie Wilson enters the Federal Courthouse in Greenville. (July 30, 2012/FOX Carolina)
GREENVILLE, SC (FOX Carolina) -

Two more people have been arrested in connection with a Ponzi scheme run by former Anderson County Councilman Ronnie Wilson that bilked investors out of $60 million.

Investigators said that Atlantic Bullion and Coin, a company run by Wilson, duped more than 900 investors across 25 states into thinking they were buying silver and making big profits. They said Wilson never bought any precious metals and was paying investors' lofty dividends with other investors' money.

Wilson, 65, pleaded guilty in July 2012 to two counts of mail fraud as part of a plea deal. He is serving a 17-year sentence at a federal prison in Florida.

Federal agents also arrested Wallace Lindsey Howell, 60, in connection with the same scheme. He was charged with conspiracy to commit mail fraud. He pleaded guilty to wire fraud in January.

On Monday, indictments revealed Gordon Hall and Benton Hall were named as co-conspirators in the scheme. According to the indictments, dated March 12, the Halls worked with Howell to hide and transfer assets derived from or traceable to Wilson's Ponzi scheme.

Recently, $62,000 was raised when Wilson's belongings were auctioned to help pay back the victims. Wilson's home, which was seized by the government, will also be sold.

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