KANSAS CITY, Mo. -- A 66-year-old Tennessee man has pleaded guilty to running a Ponzi scheme that victimized people across the country, including the Kansas City metro. According to court documents, Alcides Roman pleaded guilty in federal court to one count of wire fraud. Stolen vehicle suspect, shot by KCPD officers, now facing charges Court documents say that while operating Remain in Control LLC, Roman defrauded a victim in Overland Park, Kansas, after offering investment opportunities and attractive returns. From June 2020 to October 2020, the victim made multiple wire transfers into Roman’s company bank account and subsequently received “returns” that were in reality partial amounts from the victim’s own investment funds. When the victim stopped receiving payments and inquired, Roman made excuses and sought to lull the victim into a false sense of security, court documents say. Other victims included people in New York, Houston, Texas, and Richmond Hill, Ontario, Canada. The total known loss, based on victims identified to date, is $1,977,857.88. Court documents say Roman used funds from his schemes to pay for his personal living expenses, buy vehicles and land, send money to numerous foreign and domestic companies, and to make purported “returns” to other victim investors. Download the FOX4 News app on iPhone and Android He is scheduled to be sentenced on June 26, 2025 and faces a total of 20 years in prison. ...read more read less