We watch. You know first.

Confirmed Economy

By the Patriot Watch Desk

Published September 25, 2026 at 3:16 PM ET · Updated September 27, 2026 at 6:09 PM ET

Tech CEO convicted in $2 million Ponzi scheme

2 independent outlets are covering this story, first reported here by Dept of Justice. Verification: Confirmed (how we verify). Every headline links to the original reporting.

Read the story at ZeroHedge →

What we know

A tech CEO tied to smart rings was found guilty of running a $2 million Ponzi scheme. The Department of Justice announced the conviction.

Patriot Watch first flagged this story 5 d ago, when Dept of Justice reported it. Coverage has since grown to 2 independent outlets. The most recent report came 3 d ago from ZeroHedge.

Conservative & independent coverage (2)

ZeroHedge 3 d ago

Tech CEO Found Guilty In $2 Million Ponzi Scheme ↗

Dept of Justice 5 d ago

‘Smart Rings’ CEO Found Guilty of Running $2 Million Ponzi Scheme - Department of Justice (.gov) ↗

Coverage timeline

Sep 25, 3:16 PM ET
5 d ago

Dept of Justice

‘Smart Rings’ CEO Found Guilty of Running $2 Million Ponzi Scheme - Department of Justice (.gov) ↗

Sep 27, 2:00 PM ET
3 d ago

ZeroHedge

Tech CEO Found Guilty In $2 Million Ponzi Scheme ↗

More on: Crime

Sponsored

Uncharted Supply Co.

More Economy coverage

Ken Griffin pledges record $3 billion to Carnegie Mellon, with $2 billion bound for Miami

Economy · 2 outlets · 5 hr ago

Second judge blocks $100,000 H-1B visa fee

Economy · 2 outlets · 7 hr ago

Paramount-Warner Bros. merger set to close next week after judge approves settlement

Economy · 2 outlets · 9 hr ago

Trump White House begins mailing $500 Obamacare refund checks

Economy · 2 outlets · 11 hr ago

Schumer directs Democrats to block bill making data centers cover energy costs

Economy · 2 outlets · 13 hr ago

Trump calls for forcing Powell off Fed board or suing him

Economy · 2 outlets · 13 hr ago

The Patriot Watch Daily Brief

Every morning. The stories that matter, first — straight to your inbox. Free.

© 2026 Patriot Watch · Every headline links to the original reporting