Carlos Meza Charged With Defrauding LDS Ward Members

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I wanted to share a compelling story of fraud perpetrated against several members of the LDS Church in Illinois.  It was written by Mark Brown of the Chicago Sun Times and tells the story of a man named Carlos Meza who was a bishopric member in his LDS ward in in Crystal Lake, Illinois. This is not a… Read more »

Utah Federal, State, and Local Government Officials Join Forces to Educate Investors on How to Avoid Fraud

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Public Seminars to be Held in Salt Lake City and Utah County SALT LAKE CITY  April 5, 2017 – In a new, collaborative effort, Utah federal, state and local government officials established the Financial Fraud Institute and will hold two separate multi-agency seminars designed to educate Utah investors and consumers on how to recognize and… Read more »

UPDATE: The Shocking Story of A Small Town Fraud

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UPDATE: Yesterday United States District Judge David Sam rejected a plea deal that had been worked out between Thomas Andrews (the subject of the story below) and the U.S. Attorney’s Office.  According to a story in the Deseret News, Judge Sam rejected the plea deal because he believed it was too lenient.  Andrews withdrew his guilty… Read more »

The Deseret News’ Three Part Series on Affinity Fraud in Utah

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My friend Dennis Romboy is a great reporter over at the Deseret News who put together a very detailed two-part story on affinity fraud that was published over the weekend. Part One of the series was called “Utah’s fraud ‘epidemic’: Victims share anger, embarrassment, hurt” and provided the details of how a number of Utahn’s… Read more »

Does Disclosure of a Ponzi Scheme in the PPM make it legal? No.

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Dee Randall ran one of Utah’s largest Ponzi schemes, raising more than $72 million from approximately 700 investors nationwide. On June 18, 2014 Utah Attorney General Sean D. Reyes’ office filed a criminal information and affidavit of probable cause against Randall for multiple counts of securities fraud and other related charges.  Randall, a resident of Kaysville, Utah, was charged… Read more »