Erie man indicted in Ponzi scheme

DENVER – The Colorado State Grand Jury has indicted an Erie man, along with another man from Massachusetts, for defrauding about $10 million from local and national investors in a Ponzi scheme.

Jason Trevor Brooks, 30, of Erie is being held at the Boulder County jail on 24 counts of security fraud and theft in Colorado. His business associate Donald Scott Carew, 37, of

Massachusetts is facing three counts of securities fraud.

Authorities allege that from June 2005 to February 2008, Brooks collected about $10 million from investors primarily in Weld, Larimer, Broomfield and Boulder counties to invest, but then used a…