US

Amish investor charged with defrauding his community of millions of dollars

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CLEVELAND, Ohio — Members of the Amish community traditionally have settled their scores independent of secular society, but the federal legal system will decide the fate of Monroe Beachy, 77, of Sugarcreek, Holmes County.

Beachy was charged Wednesday with defrauding thousands of his fellow Amish farmers, carpenters and neighbors of tens of millions of dollars in an alleged Ponzi scheme that has earned Beachy a nickname: The Amish Bernie Madoff.

Full story: Amish investor charged with defrauding his community of millions of dollars

Tags : fraud
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