[1][2] In early 2000, federal investigators discovered that inmate Roy Ageloff was directing fraudulent activities from FCI Coleman.

Ageloff, a former stockbroker, was convicted of money laundering in 1998 for masterminding a securities manipulation scheme in the 1990s which swindled thousands of investors out of millions of dollars.

An investigation uncovered that Ageloff was continuing to give his co-conspirators, including his brother, instructions regarding the management, transfer, concealment and investment of proceeds from the scheme.

Ageloff's co-conspirators continued to receive criminal proceeds in the form of cash payments and checks.

[3][4] Released after sentence was commuted by President Donald J. Trump on January 20, 2025.