Home » Salvatore Carpanzano Indicted in $2.4M Pensacola Investment Scam

Salvatore Carpanzano Indicted in $2.4M Pensacola Investment Scam

Carpanzano, Heather Fisher face trial for multi-year fraud scheme

by Sophia Bennett

PENSACOLA, Fla. — A Pensacola man previously imprisoned for defrauding customers has been indicted again for orchestrating a multi-year, multi-million-dollar investment scam, federal prosecutors announced on September 8.

Salvatore Carpanzano and Heather Fisher were charged in the Northern District of Florida with conspiracy to commit wire fraud and conspiracy to commit money laundering. The indictment alleges they operated a scheme pretending to be representatives of Fisher Investments by using a fake company named Fisher Asset Management, falsely claiming affiliation with the Ken Fisher family, owners of the legitimate investment firm.

Court documents reveal that at least five victims contacted the real Fisher Investments after receiving fraudulent correspondence bearing its letterhead. These victims had wired funds, believing they were investing with the authentic company.

One victim reportedly transferred over $2.4 million in incremental payments between October 2022 and June 2024 to Carpanzano and Fisher’s sham company, Fisher Investments Private Client Group.

Investigators say Carpanzano and Fisher falsely claimed Fisher was an “estranged relative” of Ken Fisher to gain victims’ trust.

Both defendants are scheduled to stand trial on October 20, 2025. If convicted, they could face up to 50 years in prison.

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