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Ponzi scheme linked to Las Vegas lawyer, DOJ confirms

LAS VEGAS (KLAS) — Las Vegas attorney Matthew Beasley is under investigation for his role in a Ponzi scheme that operated in Nevada, Utah, and California according to the U.S. Attorney’s Office with the Department of Justice (DOJ).

Beasley currently faces federal charges in connection with an FBI agent-involved shooting on Thursday, Mar. 3 at his home on the 5400 block of Ruffian Road near 215 and Ann. Beasley is charged with one count of assault on a federal officer for allegedly pointing a gun at an FBI agent when they came to his house on the Ponzi scheme investigation.

Three FBI agents said they arrived at Beasley’s home, finding him pointing a gun to his head, court documents said. An agent said “drop the gun,” when Beasley pointed the weapon at one of the agents and was shot by an agent. According to court documents, “Beasley appeared to be anticipating that the FBI would be arriving at his residence.”

Last week the FBI published a survey in which the agency writes, “Members of this scheme sold ‘settlement contracts,’ ‘lawsuit settlement contracts,’ ‘settlement funding contracts,’ or similar contracts related to third-party slip-and-fall lawsuits” between 2017 to Mar. 2022.

The FBI is asking anyone who thinks they were a victim of this Ponzi scheme to complete the survey to help with the investigation.

According to the FBI, the scheme involved the following characteristics:

  • Contracts were often sold in…

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