A 48-year-old Draper resident pleaded guilty in federal court Thursday to one count of fraud, admitting he operated a massive Ponzi scheme that owed investors at least $44 million when it went bust in 2009. Read Salt Lake Tribune article here.
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Draper man pleads guilty in vast Ponzi schemeA 48-year-old Draper resident pleaded guilty in federal court Thursday to one count of fraud, admitting he operated a massive Ponzi scheme that owed investors at least $44 million when it went bust in 2009. Read Salt Lake Tribune article here. |
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