Monroe Beachy charged with defrauding Amish community out of $16.8 million. Sept. 15, 2011— -- Monroe Beachy, a 77-year-old Amish man accused of running a Madoff-like Ponzi scheme, was charged ...

A Madoff-esque fraudster in an Ohio Amish community bilked fellow church members out of millions in a vast 25-year-long investment swindle, according to a U. S. Securities and Exchange Commission ...

CLEVELAND, Ohio -- Members of the Amish community traditionally have settled their scores independent of secular society, but the federal legal system will decide the fate of Monroe Beachy, 77, of ...

YOUNGSTOWN, Ohio (AP) — An Amish man who managed investments for members of his religious community in 29 states was sentenced to more than six years in prison Wednesday for defrauding them out of ...

He assured investors their money was safe with him and provided them with handwritten monthly statements showing inflated and fictitious balances and interest earned, Barr said. Rather than investing ...

The easy analogy is to the crimes of Ponzi schemer Bernard Madoff, who stole billions of dollars from the investors who trusted him with their money. But the story of Monroe Beachy, a 77-year-old ...

YOUNGSTOWN (AP) — As members of his community watched quietly in court, an Ohio man admitted Thursday that he defrauded fellow Amish in 29 states out of nearly $17 million. Monroe L. Beachy, 77, of ...

The events this week have been a compelling spectrum of oblivion: Ruth Madoff told 60 Minutes she had no idea her husband was running the largest Ponzi scheme ever; Herman Cain first said he did not ...

Thou hath the right to remain silent. An Ohio man dubbed the “Amish Bernie Madoff” was accused by federal prosecutors of defrauding his fellow worshippers out of nearly $17 million. Monroe Beachy, 77, ...

Amish community says bankruptcy proceedings are 'abhorrent' to beliefs. Feb. 18, 2011 — -- Daniel Miller, a victim of the Amish "Madoff" scheme in Sugarcreek, Ohio, and dozens of other Amish ...

YOUNGSTOWN — An Amish man who managed investments for members of his religious community in 29 states was sentenced to more than six years in prison Wednesday for defrauding them out of nearly $17 ...