Colorado co-founder of bogus green energy firm convicted in $54M Ponzi scheme


A federal jury in Philadelphia convicted a Colorado man for his role as the deal-closer in a $54 million Ponzi scheme where investors poured their money into a bogus Main Line green energy company started by two local Temple University graduates.

Wayde McKelvy of Centennial, Colo., and co-conspirators Troy Wragg and Amanda Knorr lured more than 300 investors with the promise of huge returns, as high as 484 percent, for securities investments in supposedly profitable business ventures in real estate…

Previous This local builder took major steps that generated plenty of growth this year
Next Denver fintech platform acquired by Birmingham cybersecurity firm