Federal prosecutors say that a California man who tried to evade arrest by jumping into a lake with an underwater scooter has pleaded guilty in connection with a $35 million investment fraud scheme.

SACRAMENTO — A Northern California man who tried to evade FBI agents with an underwater scooter pleaded guilty to a $35 million Ponzi scheme, prosecutors announced Thursday. Matthew Piercey, of ...

He emerged from the lake after about 20 minutes and was arrested. The underwater device was a sea scooter, or a motorized device that pulls users underwater at speeds of about 4 mph (6.4 kph).

Underwater scooters are seen in use in this generic image. (File photo) When agents tried to arrest him in November 2020, Piercey led them on a car chase before dumping his vehicle and fleeing ...

SACRAMENTO, Calif. (AP) — A California man who tried to evade arrest by jumping into a lake with an underwater scooter pleaded guilty Thursday to fraud, money laundering and witness tampering in ...

SACRAMENTO, Calif. (AP) — A California man who tried to evade arrest by jumping into a lake with an underwater scooter pleaded guilty Thursday to fraud, money laundering and witness tampering in ...

Underwater scooters are seen in use in this generic image. (File photo) When agents tried to arrest him in November 2020, Piercey led them on a car chase before dumping his vehicle and fleeing ...

Underwater scooters are seen in use in this generic image. (File photo) When agents tried to arrest him in November 2020, Piercey led them on a car chase before dumping his vehicle and fleeing ...