13: Matthew Piercey: Ponzi Schemer Evades FBI Capture with Underwater Scooter
Update: 2023-10-25
Description
Ponzi Schemer Evades FBI Capture with Underwater Scooter
44-year-old Matthew Piercey, accused of orchestrating a $35 million Ponzi scheme, led FBI agents on a wild chase through the streets of Redding, California. After evading capture on the roads and highways, Piercey made a desperate bid for escape by plunging into the icy waters of Lake Shasta, using a Yamaha 350LI underwater submersible device. Despite the treacherous temperatures and his mere street clothes, Piercey remained submerged for an astonishing 25 minutes before finally emerging, only to be apprehended by waiting law enforcement.
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