SALT LAKE CITY, Utah – Francine A. Giani, Executive Director of the Utah Department of Commerce and Utah Representative Marc Roberts (R-Provo) announced today that the state agency is launching the nation’s 2nd ever Regulatory Sandbox based on H.B. 378. The government service will provide financial technology companies the opportunity to apply for a special Utah exemption when setting up …
Utah Division of Consumer Protection joins FTC, Law Enforcement partners in announcing national crackdown on illegal robocalls, education campaign to combat calls to consumers
SALT LAKE CITY, Utah – The Utah Department of Commerce, Division of Consumer Protection announced today that it is joining the Federal Trade Commission and law enforcement partners in reporting a major crackdown on illegal robocalls, including 94 actions targeting operations around the country that are responsible for more than onebillion calls pitching a variety of products and services, including …
Utah Division of Real Estate announces statewide campaign to warn public of real estate email scam that steals millions in loan proceeds via wire fraud
SALT LAKE CITY, Utah – Francine A. Giani, Executive Director of the Utah Department of Commerce, announced today that the Utah Division of Real Estate has launched a new public outreach campaign to warn the public of a rapidlygrowing email scam that targets property transactions to coerce respondents into wiring down payments and other high dollar real estate proceeds to …
Utah Consumer Alert: Beware of Fake Wells Fargo Crucial Notice Text
SALT LAKE CITY, Utah – Francine A. Giani, Executive Director of the Department of Commerce, announced today that the Utah Division of Consumer Protection has received a report that phony texts pretending to be from Wells Fargo Bank are being sent to consumer phones. The “crucial” account alert text asks the recipient to call a phone number that leads to …
Utah Division of Consumer Protection awarded Federal Trade Commission Bureau of Consumer Protection Partner Award
SALT LAKE CITY, Utah – Francine A. Giani, Executive Director of the Department of Commerce, announced today that the Utah Division of Consumer Protection was awarded the “Federal Trade Commission Bureau of Consumer Protection Partner Award” on June 14, 2019 at the Heber M. Wells Building. The Federal Trade Commission award was presented by FTC Western Regional Director, Tom Dahdouh, …
Grand jury returns indictment charging three in connection with fraudulent silver trading program
SALT LAKE CITY — A federal grand jury in Salt Lake City returned a six-count indictment Wednesday afternoon charging three individuals in connection with an alleged scheme to defraud investors by inducing them to purchase investments in a fraudulent silver trading program. The silver trading program was offered and sold to at least 500 investors throughout the United States and …
Updated report moves Utah 37 spots for cutting licensing red tape to increase employment opportunities, support state’s growing economy
SALT LAKE CITY, Utah – Governor Gary R. Herbert stated today that thanks to collaborative efforts by the Utah State Legislature and Executive Branch, Utah’s ranking of occupational licensing burden in the United States saw a massive decrease, down from 13th to 50th nationwide. The rankings reflect a revised 2017 Institute for Justice (IJ) report that included changes to the …
Moab natural gas pipeline shut down, operator fined $100K after investigation by Utah Division of Public Utilities
SALT LAKE CITY, Utah – Chris Parker, Director of the Utah Division of Public Utilities, announced today that a Division investigation resulted in an Hazardous Facility Order issued against Pacific Energy & Mining (PEMC) April 10, 2019 by the Utah Public Service Commission (PSC). At the request of the Division, the PSC ordered the shutdown of PEMC’snatural gas pipeline near …
Utah Consumer Alert: Beware of Phony Social Security Number Calls
SALT LAKE CITY, Utah – Francine A. Giani, Executive Director of the Department of Commerce, announced today that the Utah Division of Consumer Protection has received new reports of Utah consumers receiving live scam phone calls claiming they are facing legal action over their Social Security number and demanding the consumer confirm their number over the phone. Previous scam reports …