• Calif. Man Accused of Targeting Christians in $25M Nationwide Ponzi Scheme

Federal investigators arrested a man Friday on a charge of wire fraud and alleged he ran a Ponzi scheme that netted more than $25 million by targeting Christian investors nationwide.Jon G. Ervin, 61, of Mission Viejo, was named Thursday in a criminal complaint filed in U.S. District Court in Santa Ana. A federal magistrate set bail at $1 million during a brief court appearance Friday and Ervin was not immediately released.