Idaho Investment Boss Accused Of $40M Ponzi Scam
In a complaint filed Thursday in the U.S. District Court for the District of Idaho, the SEC alleges Daren L. Palmer ran a sham investment company, Trigon Group Inc., that promised unrealistic annual returns of between 20 percent and 25 percent.
Palmer allegedly persuaded 55 individuals between early 1996 and October 2008 to invest...
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