ATLANTA — An Atlanta film producer has been indicted on federal charges connected to a cryptocurrency investment scheme. He’s accused of raising millions from investors and spending the money on personal items and using several others including Atlanta rapper T.I. to help promote his business.

The U.S. Attorneys office says Ryan Felton misled investors who thought they were funding an entertainment streaming platform and a new cryptocurrency.

Prosecutors say Felton instead used that money for personal use including a $1.5 million home, and a 2007 Ferrari that he paid $180,000 cash for.

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Felton also posed as a potential investor using fake names on internet forums and social media to build excitement for his business and after the initial coin offering he sold thousands of coins on secondary crypto-markets to artificially inflate prices, prosecutors say.

Carroll ISD is excited to celebrate 16 Dragons who have been named National Merit Semifinalists.

Recently, officials of the National Merit Scholarship Corporation (NMSC) announced the names of approximately 16,000 Semifinalists in the 66th annual National Merit Scholarship Program. These academically talented high school seniors have an opportunity to continue in the competition for some 7,600 National Merit Scholarships worth more than $30 million that will be offered next spring.

To be considered for a Merit Scholarship® award, Semifinalists must fulfill several requirements to advance to the Finalist level of the competition. Over 90 percent of the Semifinalists are expected to attain Finalist standing, and more than half of the Finalists will win a National Merit Scholarship, earning the Merit Scholar® title.

The following Dragons have been recognized as National Merit Semifinalist:

Beres, Alexander E

Chappel, Wyatt E

Chari, Vivek N

Chuang, Stephen L

Doby, Carter S

Grubbs. William R

Hallenbeck, Luke B

Lau, David W

Lock, Preston L

Lopez, Adam J

Schaunarnan, Logan M

Sweeney, Joseph G

Tadlaoui, Darya

Yang, Jessica L

Zaluckyj, Peter M

Zhou, Isabella

NMSC, a not-for-profit organization that operates without government assistance, was established in 1955 specifically to conduct the annual National Merit Scholarship Program. Scholarships are underwritten by NMSC with its own funds and by approximately 400 business organizations and higher education institutions that share NMSC’s goals of honoring the nation’s scholastic champions and encouraging the pursuit of academic excellence