Colorado man to spend three years in federal prison for investment scheme

DENVER — A Denver man who pleaded guilty to defrauding roughly 30 clients, including some professional athletes, in an investment scheme will spend more than three years in federal prison.

Ian Gregory Bell, 36, was sentenced to 37 months in prison on Friday in federal court in Denver by Judge Phillip Brimmer. He is also ordered to pay $150,000 in fines and roughly $1.2 million in restitution. The court gave him 15 days to report to prison.

Denver7 Investigates first reported on Bell in December 2024, when he was facing more than a dozen charges, accused of taking more than $1 million from his clients, including some pro athletes.

  • Watch our previous reporting below

According to court documents, Bell served as an investment adviser and promised his clients that they could earn significant returns on investment with low risk. The scheme mostly took place between 2020 and 2022…

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