Thursday, November 19, 2020

Excitement up in my neck of the woods.

 A fleeing Ponzi scheme suspect is now in custody after a daring escape on a submersible scooter from FBI agents, reported CBS Sacramento.

Court documents, filed with the U.S. Attorney's office said Matthew Piercey, 44, a suspect in a $35 million Ponzi scheme, used a Yamaha Seascooter to evade FBI agents under the surface of Lake Shasta in Shasta County, California, after a high-speed car chase through the Redding area on Monday. 

"Piercey spent some time out of sight underwater where law enforcement could only see bubbles. He remained in the frigid water for approximately 25 minutes. When Piercey finally emerged from the lake, law enforcement discovered that he had a Yamaha 350LI underwater submersible device.

"Law enforcement arrested Piercey at that point, approximately an hour after their initial contact in Redding," Assistant U.S. Attorney Christopher Hales wrote in the filing. 

Piercery's temporary underwater escape was made possible by a Yamaha 350LI Seascooter, able to travel at 130 feet below the surface for 75 minutes with speeds over 3.7 mph. 

Thanks for the heads up, Tad.


  1. Kinda like those old westerns where some outlaw is being chased by a posse, and in order to escape, he lies down in shallow water and breathes through a hollow reed. The posse, befuddled, rides on by.

  2. That water is cold this time of the year!