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How a Pennsylvania businessman built a $770m retail Ponzi scheme

ATM machines
Photo: Horacio Villalobos/Getty Images

Vlada Gurvich

5 min read
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Daryl Heller promised investors steady income from a nationwide ATM network – what they got instead was a carefully staged illusion.

Federal regulators unveiled charges against a Pennsylvania businessman accused of orchestrating a multi-year Ponzi scheme. The Securities and Exchange Commission (SEC) alleges that Daryl Heller, through his companies Prestige Investment Group, LLC, and Paramount Management Group, LLC, misled thousands of investors by promising steady returns tied to a nationwide ATM

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