Miami Officer Arrested for Running Ponzi Scheme on Other Cops

A Miami cop was arrested by the FBI.

This week at Fort Lauderdale-Hollywood International Airport as he tried to board a flight to Costa Rica– skipping town to avoid prosecution for his Ponzi scheme loan company.

Miami Police Department Officer Dermis Hernandez, 41, ran a Ponzi scheme that targeted active and retired cops. But it was one of Hernandez’s colleagues who tipped off investigators that something wasn’t right about the officer’s investment practices.