PHOENIX (AP) — The FBI is looking for a retired Arizona Department of Public Safety trooper who is wanted in connection with a $9 million fraud scheme.
They say a reward of up to $25,000 is being offered for information leading to the arrest of 54-year-old Frederick Arias.
FBI officials in Phoenix said that between December 2015 and October of 2017, Arias allegedly told investors that The Joseph Project was a safe and secure investment with guaranteed profits.
But Arias allegedly withdrew funds to pay personal expenses and wired funds overseas.
Arias was a DPS trooper from 1987-2008 and is said to have ties to Canada, Norway, Australia, the Czech Republic and the Dominican Republic.