Retired Arizona DPS trooper wanted in $9.5 million investment fraud scheme

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Retired DPS trooper wanted for role in $9.5 million investment fraud scheme

Frederick Arias, a retired Department of Public Safety trooper, is wanted by the FBI after he evaded arrest in 2019 in connection to a $9.5 million investment fraud scheme.

"The organization purported to be a Christian institution offering risk-free investments with guaranteed rates of return and the promise of contributing to humanitarian projects," the Attorney General's Office said in a release.

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