A ponzi scheme that exploited millions of dollars from New Mexicans; NM Crime Files

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ALBUQUERQUE, N.M. (KRQE) – On this episode of New Mexico Crime Files, KRQE Anchors Dean Staley and Jessica Garate talk about the legendary case of New Mexico’s Bernie Madoff, Doug Vaughan, and his Ponzi scheme that took over the state in 2011. Dean and Jessica take a look at the timeline of events leading to his sentencing, how the sentencing played out, and how court loopholes prevented proper justice from occurring.

About Crime Files

This is New Mexico Crime Files – Taking it from the streets, then to the courtroom, to finally answering “where are they now?”. Each week, KRQE News 13 anchors Dean Staley and Jessica Garate bring you the notorious, the unforgettable, and the unbelievable crime stories from the Land of Enchantment.



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