Millions of dollars lost in Montco Ponzi scheme

What this episode covers

He promised people big returns on their investments, but prosecutors say he left them with nothing. A man from Montgomery County is accused of running a Ponzi scheme that duped investors out of $3.8-million-dollars. Attorney General Dave Sunday says Richard McNeil of Norristown promised people guaranteed monthly returns, but never actually invested the money. Some early investors did get pay-outs, but prosecutors say most of his investors got nothing. Some of them lost more than $200-thousand-dollars. McNeil has been released on bail. His next court appearance is set for July 13th.

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This episode was published on June 30, 2026.

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He promised people big returns on their investments, but prosecutors say he left them with nothing. A man from Montgomery County is accused of running a Ponzi scheme that duped investors out of $3.8-million-dollars. Attorney General Dave Sunday...

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