Man denies involvement in alleged $2M Ponzi scheme

A Bigfork man denied involvement in a Ponzi scheme, through which he allegedly stole about $2 million from investors.

John Kevin Moore pleaded not guilty June 12 to 10 counts of felony wire fraud in Great Falls District Court.

According to court documents, Moore allegedly solicited money from multiple investors as the owner of two businesses, a mining company called Big Sky Mineral Resources and a fine art investment company called Glacier Gala.

The charges allege that Moore received more than $2 million based on false claims and used money obtained from some investors to pay others.

Prosecutors also claim that some of the money Moore solicited from investors was used to pay for some of his personal expenses without authorization from those investors.

All 10 charges were made based on wire transactions allegedly paid to and from Moore’s business accounts from September 2014 through July 2016.

Moore is scheduled for trial Aug. 21.

If convicted, Moore could face up to 20 years in prison and a $250,000 fine for the first count and an additional 10 years and $250,000 for each additional count.

Reporter Mary Cloud Taylor can be reached at 758-4459 or mtaylor@dailyinterlake.com.