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Lancaster Businessman Faces Federal Charges in ATM Fraud Case

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Manage episode 505931871 series 2661438
Content provided by WITF. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by WITF or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Prosecutors allege Heller ran a multimillion-dollar ATM investment scheme that defrauded investors out of millions. “It’s a really complex case,” Umble explained, “but at its core, investors thought they were buying into profitable ATMs that didn’t exist.”

According to Umble’s reporting, Heller allegedly diverted funds for personal use and to prop up his businesses. Federal investigators say the fraud reached into the hundreds of millions of dollars.

Umble emphasized the local impact, noting that many Lancaster County residents and businesses were among those who lost money. “This isn’t just a headline-grabbing national case—it has real consequences here at home,” he said.

The case is ongoing as federal prosecutors pursue charges.

Support WITF: https://www.witf.org/support/give-now/

See omnystudio.com/listener for privacy information.

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108 episodes

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iconShare
 
Manage episode 505931871 series 2661438
Content provided by WITF. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by WITF or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Prosecutors allege Heller ran a multimillion-dollar ATM investment scheme that defrauded investors out of millions. “It’s a really complex case,” Umble explained, “but at its core, investors thought they were buying into profitable ATMs that didn’t exist.”

According to Umble’s reporting, Heller allegedly diverted funds for personal use and to prop up his businesses. Federal investigators say the fraud reached into the hundreds of millions of dollars.

Umble emphasized the local impact, noting that many Lancaster County residents and businesses were among those who lost money. “This isn’t just a headline-grabbing national case—it has real consequences here at home,” he said.

The case is ongoing as federal prosecutors pursue charges.

Support WITF: https://www.witf.org/support/give-now/

See omnystudio.com/listener for privacy information.

  continue reading

108 episodes

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