Donegal investors may have lost millions in Ponzi scheme

Donegal investors who fear they have lost large sums of money in a Ponzi scheme are still looking for information on getting their money back.

The investment scheme is understood to involve around 200 investors from Donegal with 40 people investing from Northern Ireland.

The amount of money lost in the investment scheme is estimated to be between 10 and 20 million.

Stephen MaGuire, from Donegal Daily, says the investors do know the person behind the scheme: