WSJ Investigation: 'Master of Deception' Paul Regan Conced 300+ Investors Out of $50M+ in Ponzi Scheme
- A WSJ feature details how Paul Regan, founder of Next Level Holdings and Yield Wealth Ltd., allegedly recorded himself explaining deceptive tactics that defrauded more than 300 investors of over $63 million (with $50M+ in losses), promising guaranteed returns tied to unrefined Colombian precious metals and ACA insurance policies.
- Regan was charged in September 2025; the scheme collapsed in late 2024, and the WSJ piece focuses on his own descriptions of how he engineered the fraud (wsj.com/finance/investing/financial-fraud-paul-regan-9b020a8f).
- The case is drawing fresh attention as U.S. regulators and prosecutors pursue more录-recordkeeping actions against social-media-era fraudsters.