SALT LAKE CITY (December 7, 2022) – The Utah Department of Commerce’s Division of Real Estate is urging land buyers and owners to be aware of a recently re-emerged scam related to vacant lots and land parcels. The Division of Real Estate is already aware of at least 10 different instances and suspects others. The scam typically involves vacant land …
Top Questions and Answers from the Division of Securities
The Division of Securities gets varying questions but the majority fall into one of two categories. Those categories are with the about filing complaints or about licensure.Here are a few of our top complaint questions and their corresponding answers.Complaints:https://securities.utah.gov/enforcement/enforcement-faqs/ Q – If I file a complaint, will the seller of the security know that I filed the complaint?A – When …
Division of Corporations and Commercial Code Answering your Questions
Setting up a business, and navigating all the different aspects that come along with it, can seem intimidating. The Utah Department of Commerce and its Division of Corporations and Commercial Code want to make the process easier by answering your questions so that you can navigate this process smoothly.We are happy to announce our Division of Corporations and Commercial Code …
New Office of Professional Licensure Review Aims to Reduce Barriers for Obtaining Professional License in Utah
Recently signed SB 16 creates a robust review process for all state-issued licenses. SALT LAKE CITY – Amid growing labor shortages, a new government office has been formed to find ways to make it easier for Utahns to practice their chosen career without compromising the appropriate need for public safeguards. In Utah, approximately 25% of working professions require a state …
Clean out the Closets, Dispose of Household Items Safely at Declutter Day
Spring cleaning is underway, but before you just throw everything out, take some time to make sure you’re disposing of things safely and properly. A recent research study found that more than 39 million people fell victim to identity related scams last year. In many situations, people who have their personal information used in fraudulent activities don’t find out until …
Protecting Consumers Through Education and Enforcement
The Utah Department of Commerce’s mission is to “Strengthen trust in Utah’s Commercial Activities.” Our Division of Consumer Protection supports that mission by protecting consumers from commercial harm through education and enforcement. We want to make sure the consumers know how the Division of Consumer Protection can help. Here are the frequently asked questions the Utah Division of Consumer Protection …
Utah Business Owner Sentenced in $200 Million Ponzi Scheme
Note: Andrew Choate with the U.S. Attorney’s Office is also available for information on this case. He can be reached at (801) 325-1423. SALT LAKE CITY, Utah (Mar 8, 2022) – Utah business owner Gaylen Rust will serve 19 years in federal prison for running a $200 million, multi state Ponzi scheme. A U.S. District Court Judge sentenced Rust on …
Operators of Investment Coaching Scheme Banned from Industry and Ordered to Pay Millions in Redress to Defrauded Consumers
Real Estate Investment Coaching Operation Promoted by TV House Flipping Celebrities Settles with the FTC and Utah Division of Consumer Protection The operators of a massive real estate investment coaching scheme face permanent bans and will pay approximately $12 million for consumer redress as part of a settlement in a lawsuit filed by the Federal Trade Commission and the Utah …



