Sixty-Six-Year-Old Scammer Blows Six Million | Columbia News

Sixty-six-year-old Lamonica Valrie is facing federal charges for allegedly swindling Allen University, the AME Church, and others out of over $6 million through his shell company “50 Plus 1 LLC,” which promised to build a free football stadium but never delivered—instead, he spent the cash on supercars, yachts, and luxury vacations. Now in custody after a Florida arrest, he’s set for trial in South Carolina, where conviction could mean up to 20 years in prison. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Sources:https://www.wistv.com/2026/09/15/florida-man-indicted-wire-fraud-money-laundering-allen-university/ More coverage & latest updates:https://sources.thednn.ai/b8d4cddc621edfbc Report issues to [email protected].