A metro Atlanta man has been indicted by the US Department of Justice for allegedly running a multimillion-dollar cryptocurrency Ponzi scheme. The accused, Edward Zimbardi of Flowery Branch, is said to have taken funds from thousands of investors.

Investigator findings indicate that Zimbardi used the money for personal expenses, including buying a home and luxury vehicles. He also allegedly used the funds to pay alimony to his ex-wife.

Further details of the case are available from the US Department of Justice and local news sources, including the indictment and Zimbardi's reported flight to Fiji before being found by authorities.