Securities and Exchange Commission v. Marquis Properties et al

  1. January 05, 2018

    SEC Says Disgorgement Is Enough For Fraudster's Civil Case

    A Utah man who was sentenced to seven years in prison after admitting to a multimillion-dollar real estate Ponzi scheme should be given a nearly $16.6 million disgorgement order but no civil penalty in settling his related civil case, the U.S. Securities and Exchange Commission told a Salt Lake City federal judge on Thursday.

  2. May 04, 2017

    Receiver Drops Sanctions Against Atty In $28M Ponzi Case

    The receiver for an investment vehicle at the center of an alleged $28 million real estate Ponzi scheme in Utah on Thursday withdrew a call for sanctions filed in Utah federal court against the former lawyer of the man accused of running the scam.

  3. April 11, 2017

    Atty In $28M Ponzi Case Accused Of Destroying Evidence

    An attorney at Utah law firm Fillmore Spencer who had been representing a man accused of running a $28 million real estate Ponzi scheme is now accused of helping his former client destroy evidence, according to a sanctions motion filed in Utah federal court Monday that describes a strange series of events.

  4. May 05, 2016

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

    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 real estate investment deals.