Frisco Couple Convicted in $25 Million Pandemic-Era Pyramid Scheme

A federal jury convicted LaShonda and Marlon Moore for operating a pyramid scheme during the COVID-19 pandemic that prosecutors say caused more than $25 million in losses and affected over 10,000 people. Sentencing dates have not been set.

A federal jury in Sherman, Texas, convicted LaShonda and Marlon Moore on charges tied to an alleged pyramid scheme operated during the COVID-19 pandemic. Prosecutors said the program, known as Blessings in No Time, ran from June 2020 through June 2021. Authorities reported substantial financial losses and a large number of victims nationwide. The case was handled by the Department of Justice and tried in federal court. What officials reported: - Prosecutors said the operation was a chain-referral investment program run from mid-2020 to mid-2021. - Authorities reported losses exceeding $25 million and said more than 10,000 people were affected. - A federal jury convicted LaShonda and Marlon Moore on counts including conspiracy to commit wire fraud, multiple wire fraud counts, and multiple money laundering counts; sentencing dates have not been set. Summary: The jury verdict concludes the trial phase and leaves sentencing as the next formal step. Sentencing dates have not been set and are undetermined at this time.