https://www.live-feeds.com/feed/lakewood-radiologist-took-5-million-in-ponzi-like-ai-investment-scheme-lawsuit-allegesContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/lakewood-radiologist-took-5-million-in-ponzi-like-ai-investment-scheme-lawsuit-allegeshttps://www.live-feeds.com/feed/lakewood-radiologist-took-5-million-in-ponzi-like-ai-investment-scheme-lawsuit-alleges#u196910Thu, 12 Nov 2026 11:13:01 +0000Colorado securities regulators have filed civil fraud charges against a Lakewood radiologist, accusing him of operating a Ponzi scheme that took over $5 million from investors using false promises of artificial intelligence trading. State officials filed the lawsuit against Michael Cole and his company, Sage Income LLC, after 14 investors lost a total of $5.2 million. Investigators allege the defendant targeted family members, friends, and former medical colleagues through promissory notes while failing to deliver promised returns.Why it mattersState regulators utilize civil complaints to targ