Texas Couple Sentenced for Pyramid Scheme Targeting Black Investors

Marlon Moore, aged 39, and LaShonda Moore, aged 38, have been sentenced to 40 years each in federal prison. The Texas couple was convicted this year of conspiracy, wire fraud, and money laundering. Their scheme primarily targeted Black investors during the pandemic period.

The sentence reflects the severity of their actions, which had wide-reaching impacts on their victims. The couple’s fraudulent activities took advantage of trust within their community, leading to substantial financial losses for those involved.