Two people have been charged for allegedly developing a Ponzi scheme that pulled in $650 million by soliciting investments from victims under false pretenses, including that the victims were investing in cattle.

A federal grand jury in Colorado charged 69-year-old Reva Joyce Stachniw of Galesburg, Illinois, and 57-year-old Ron Throgmartin of Buford, Georgia, on counts of wire fraud, conspiracy to commit wire fraud, and conspiracy to engage in unlawful money transactions, an indictment unsealed on Tuesday revealed.