Below you'll find a list of all posts that have been categorized as “News and Announcements”
Salt Lake City, Utah – A Utah businessman was sentenced in federal court today for the second time this year after he admitted to defrauding hundreds of trusting investors throughout the United States out of $10 million in his smartphone company, SAYGUS. Chad Leon Sayers, 60, of Midvale, Utah, was sentenced to 29 months’ imprisonment, 15 of which were ordered …
Defendant spent funds on his personal mortgage, vacations, swingers clubs, luxury items and more Salt Lake City, Utah – Timothy Andrew Nemeckay, 64, of Park City, Utah, was sentenced yesterday to 12 months’ and one day imprisonment, and 24 months supervised release. In September 2023, Nemeckay admitted to wire fraud, which involved misappropriating approximately $1.7 million from investors investing in …
The Utah Department of Commerce Utah is pleased to announce the official launch of its Office of Artificial Intelligence (OAIP). This launch represents a significant milestone in Utah’s dedication to shaping responsible AI policies for the benefit of its residents and businesses. Utah is home to many artificial intelligence companies. As a state, we aim to encourage this nascent industry …
Utah Attorney General Reyes, on behalf of the Utah Division of Consumer Protection and with 42 other attorneys general, reached a $700 million nationwide settlement to resolve allegations related to the marketing of Johnson & Johnson’s baby powder and body powder products that contained talc. As part of the settlement, Utah will receive $7,540,013 over four years, for approximately $1.88 million each year.
The Utah Department of Commerce’s Division of Consumer Protection and Utah Attorney General allege TikTok has knowingly built a revenue stream fueled by illegal activity against young users. Salt Lake City – Utah Governor Spencer Cox and Attorney General Sean Reyes announced a lawsuit today that alleges TikTok Inc. has consciously allowed young people to be sexually exploited on the …
The Utah Department of Commerce has appointed Adam Watson as the new Director of the Utah Division of Corporations and Commercial Code (DCCC). Watson brings an extensive background in managing investigation teams and a commitment to public service. Watson previously served as the Chief Investigator for the Utah Division of Consumer Protection (DCP).
The Utah Department of Commerce has appointed Dr. Zachary Boyd as the Director of the newly established Office of Artificial Intelligence Policy. Dr. Boyd brings an extensive background in artificial intelligence (AI) and machine learning, which will help lead the state’s efforts in exploring AI technologies and developing policies.
Salt Lake City, Utah – The Utah Department of Commerce has appointed Leigh Veillette as the new Director of the Utah Division of Real Estate (DRE). Veillette, who has an impressive background in regulatory oversight and legal analysis, brings a wealth of experience to her new role. She previously served as the Division of Corporations and Commercial Code (DCCC) director …
Salt Lake City —The Federal Trade Commission (FTC) is issuing over $10 million in refunds to consumers who paid for a deceptive real estate investment training scheme that falsely promised significant profits through “flipping” houses. The FTC and the Utah Attorney General’s Office, on behalf of the Utah Department of Commerce’s Division of Consumer Protection, sued Response Marketing Group, LLC in …
