A second defendant has pleaded guilty to his part in an international Ponzi scheme involving Bermudian businessman Andre Curtis.Missoula, Montana-based mortgage broker Shawn Swor admitted one count of investment fraud under a plea bargain which saw further counts against him dropped.He faces up to 20 years in Federal prison, a $250,000 fine and could be ordered to pay more than $780,000 in restitution to his victims, according to reports in the United States.Daniel Two Feathers has previously pleaded guilty to running the scam which conned $2 million out of investors by falsely promising huge returns on their investments in 2008.Swor, who has been described as a hard money lender, is said to have promoted the Ponzi scheme along with Two Feathers, before the pair fell out.His Offer of Proof, filed when he changed his plea to guilty last week, states Two Feathers and Swor met potential investors in Nashville, Tennessee, promising extremely high returns of invested funds in a short period of time.“According to witnesses in attendance, Swor told potential investors that he had personally invested money in the leveraged investment programme,” states the document.“One witness to this meeting indicated that Swor represented that he had made millions from the investment scheme that he and Two Feathers were promoting.“Neither of these representations were true, but served to assure the targets of the scheme that the investment was sound.”The Offer of Proof states the aspect of the scam for which Swor was partially responsible netted $800,000.More than half of the Ponzi scheme’s total profits were yielded through front company TLT Holdings, which Montana District Court documents say had accounts in Bermuda.Montana State Auditor Office has previously said cash Two Feathers tricked out of investors was wired to a Bank of Bermuda account belonging to Bermudian Andre Curtis’ company Harvest Investment Holdings.It said Mr Curtis, the Progressive Labour Party local campaign manager for former Premier Ewart Brown, helped operate the scheme by falsely promising massive returns.Mr Curtis has previously been fined $335,000 by the Montana Commissioner, and jailed for 15 months for operating an unlicensed investment business, but has not been charged by the federal courts.Swor will be sentenced on July 27; Two Feathers will be sentenced on June 15. A third defendant, Terrance Paulin, has served time on fraud charges in Florida.