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06/16/2026

Wausau man convicted in massive $14.25 million investment fraud scheme

Wausau Pilot and Review

MADISON, Wis. — A Wausau man accused of defrauding 190 investors and using their money to buy hundreds of snowmobiles, motorcycles and vehicles has been convicted in federal court.

Stanley Pophal, 64, pleaded guilty Friday in U.S. District Court in Madison to wire fraud and money laundering, according to the U.S. Attorney’s Office for the Western District of Wisconsin.

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