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Accused Ponzi scheme partners to be prosecuted in Charlotte

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A Michigan man has been charged with operating an online Ponzi scheme that prosecutors say defrauded more than 10,000 investors in Charlotte and around the country. The federal indictment against Troy Barnes, 53, of Riverview, Mich., was unsealed Tuesday, the same day he made his initial appearance in court in Charlotte. He is charged with wire fraud and wire fraud conspiracy and was released on bond. His accused co-conspirator, Kristine Louise Johnson of Aurora, Colo., pleaded guilty in June to wire fraud conspiracy. She is...

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