Wisconsin man defrauds 190 investors, pleads guilty to $14.25 million scheme

(WFRV) – Authorities say a Wisconsin man will soon be sentenced after he pleaded guilty to defrauding 190 investors in what was a $14.25 million wire fraud and money laundering scheme. According to a release from the U.S. Attorney’s Office, Western District of Wisconsin, 64-year-old Stanley Pophal was indicted on August 6, 2025, after using […]