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FBI Searching For Former Arizona Trooper In Suspected Fraud Scheme

FBI

The FBI is looking for a retired Arizona Department of Public Safety trooper who is wanted in connection with a $9 million fraud scheme.

Authorities say a reward of up to $25,000 is being offered for information leading to the arrest of 54-year-old Frederick Arias. FBI officials in Phoenix said between December 2015 and October of 2017, Arias allegedly told investors in The Joseph Project that it was a safe and secure investment with guaranteed profits. The project is a faith-based jobs initiative. Arias allegedly withdrew funds to pay for personal expenses and wired funds overseas. Arias was a DPS trooper from 1987-2008 and is said to have ties to Canada, Norway, Australia, the Czech Republic and the Dominican Republic.