Stories Related to Utah Judge Rules That 'legal' Ponzi Scheme, Targeted To Mormons, Was Still Just Fraud

A federal bankruptcy judge has ruled that a Kaysville insurance agent was operating an illegal Ponzi scheme, one that took in around $72 million from several hundred investors. Once characterized as an attempt to operate a “legal Ponzi scheme,” Dee Randall’s businesses and assets have been taken over by a court-appointed trustee.

Sections:  u.s.   
Topics:  Utah   Salt Lake County   Salt Lake City   
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