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Suburban Phoenix man pleads guilty in Ponzi scheme

GREENVILLE, S.C. — A 22-year-old Arizona man has pleaded guilty as part of
a multimillion dollar Ponzi scheme in South Carolina.

U.S. Attorney Bill Nettles said Wednesday that Benton T. Hall of Mesa, Ariz.,
had pleaded guilty to conspiracy to obstruct justice.

Hall was charged as part of the case of Ronnie Wilson, a former Anderson County
councilman currently in federal prison after pleading guilty to mail fraud.

Authorities said Wilson took millions of dollars from investors through his
business, Atlantic Bullion & Coin, but never actually bought the silver
bullion he promised. Authorities said Hall helped another man working with Wilson
hide about $1.5 million in property, gold and silver coins and cash when law
enforcement began investigating.

Hall faces up to five years in prison when he is sentenced.

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