Matthew Piercey

Ponzi Scheme Suspect Uses Underwater Scooter To Try To Escape From The FBI
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Ponzi Scheme Suspect Uses Underwater Scooter To Try To Escape From The FBI (Video)

On Monday, 44-year old Ponzi schemer Matthew Piercey dove into the freezing waters of Lake Shasta in Northern California, and he used his Yamaha 350LI Seascooter underwater submersible device to stay submerged for 25 minutes, but the FBI waited him out and arrested him once he came out of the water.