Boulder Financier Arrested for $3.4M Ponzi Scheme
Update: 2025-12-23
Description
Matthew Melton, a financier from Boulder, Colorado, has been extradited from the UK to face charges in a Ponzi scheme. He allegedly scammed investors out of $3.4 million, promising ten percent monthly returns through his fund, Price Physics. Instead of using a secret trading algorithm, Melton allegedly used the money for his own luxurious lifestyle, including mortgage payments and sailing trips. Hes now in federal jail in Brooklyn, and his lawyer hasnt commented. This case serves as a reminder of the oldest financial tricks and the importance of trust in investments. Checkout Solipillow.com
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