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Investors say Taneytown teacher found dead defrauded them in Ponzi scheme

Kate Cimini
By | KCimini@baltsun.com
UPDATED:
Joanna Floros and her son Nikos Phelps, both of Central Pennsylvania, allege they are victims of financial fraud by Justin Rieger, the Francis Scott Key High School teacher who died by apparent suicide last week. (Kim Hairston/Staff)
Joanna Floros and her son Nikos Phelps, both of Central Pennsylvania, allege they are victims of financial fraud by Justin Rieger, the Francis Scott Key High School teacher who died by apparent suicide last week. (Kim Hairston/Staff)

The Sun spoke with investors from Maryland and Pennsylvania, alleging a widespread, massive Ponzi scheme. They alone gave Rieger more than $300,000 — and they fear other investors gave him much, much more.

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