NH man indicted for role in Ponzi scheme

A Pelham man, Kevin Patel, has been indicted on three counts of wire fraud in connection with an alleged Ponzi scheme. According to federal authorities, Patel solicited approximately $2 million in investments from victims. The announcement was made by U.S. Attorney Erin Creegan. Patel is scheduled to appear in federal court at a later date to face the charges.