FBI Offers $5,000 to Locate Investment Scheme Fugitive
The Charlotte Division of the FBI is offering a reward of up to $5,000 for information that leads to the arrest of a North Carolina man who fled after being charged in connection with an investment scheme. An arrest warrant was issued for Ronald Earl McCullough in July 2013 after he was charged with conspiracy, wire fraud, mail fraud, engaging in unlawful monetary transactions, and aiding and abetting. McCullough portrayed himself as a religious leader and used that angle to get his investors to trust him with their life savings and even with property the victims planned to build a church on. McCullough and a partner (who was convicted at trial in June 2015), solicited people to invest in what McCullough described as an exclusive foreign currency exchange group.
Bank records show that McCullough and his partner never successfully invested any money. They paid back very little as Ponzi payments, spent more than $800,000, and lost more than $400,000 trading other people’s money.
Ronald McCullough has previously lived in Raleigh, North Carolina, but may be currently living in Atlanta, Georgia. A wanted poster, digital billboards, and the use of social media will be utilized to publicize the search and reward being offered in connection with McCullough’s arrest.
Ronald McCullough- Both photos taken in 2012
Anyone with information to locate McCullough should call 1-800-CALL-FBI (225-5324.) The investigation is being handled by the FBI, United States Postal Inspection Service, IRS Criminal Investigation, and North Carolina Secretary of State’s Office, Securities Division.
Source: U.S. Department of Justice, Federal Bureau of Investigation (FBI)
