Feds Say Utah Man Ran $28M Real Estate Ponzi Scheme

By Stewart Bishop · May 5, 2016, 8:27 PM EDT

Federal prosecutors on Thursday said a Utah man will face charges of running a $28 million Ponzi scheme using a business he controlled that preyed on about 250 investors through sham...

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Case Information

Case Title

Securities and Exchange Commission v. Marquis Properties et al

Case Number

Court

Utah

Nature of Suit

Securities/Commodities

Date Filed

January 19, 2016

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