Below you'll find a list of all posts that have been tagged as “Division of Securities”
SALT LAKE CITY, Utah – Jeremiah Joseph Evans, aka “The Bull,” 29, of Utah County, Utah, was sentenced today to 96 months’ imprisonment after he admitted to defrauding approximately $20,894,674 from approximately 530 investors in his company Alpha Influence LLC. The sentence, imposed by Senior U.S. District Court Judge Tena Campbell, comes after Evans pleaded guilty on January 23, …
SALT LAKE CITY, Utah – Kole Glen Brimhall, 27, of Orem, Utah, was sentenced today to 12 months’ and one day imprisonment after he defrauded approximately 135 investors through the sale of a fraudulent investment offered through Alpha Influence, LLC, a registered Utah company. Brimhall was also sentenced to three years’ supervised release, and ordered to pay a forfeiture money …
$3M of investor funds allegedly used on real estate, a personal chef, Chevrolet Corvette & more SALT LAKE CITY, Utah –A Belgium national and the owner of K & K Strategies is facing federal charges after he allegedly operated a $5 million Ponzi scheme. The Utah investment owner, who was not licensed to sell securities, allegedly defrauded approximately 75 investors, …
SALT LAKE CITY, Utah – Jacob Welch Dalton, 28, of Saratoga Springs, Utah, was sentenced to two years’ imprisonment, three years’ supervised release, and ordered by the court to pay $1,553,806 in restitution. Dalton defrauded approximately 45 investors in a securities fraud scheme by obtaining investments from people that he knew personally or through social media. The sentence, imposed by …
Alpha investment scheme defrauded more than 500 victims in Utah and elsewhere SALT LAKE CITY, Utah – A Utah businessman pleaded guilty today to securities fraud and money laundering after admitting he lied to investors and fraudulently sold investment contracts, which are securities, through his company Alpha Influence, LLC for “Alpha Automated Stores.” Jeremiah Joseph Evans “The Bull,” 29, of …
The Utah Department of Commerce’s Division of Securities, Multi-State Working Group Finds Supervisory Failures With Respect to Class A Mutual Fund Shares SALT LAKE CITY, UT – (January 16, 2025) – The Utah Department of Commerce’s Division of Securities, a member of the North American Securities Administrators Association (NASAA), has joined a $17 million settlement with Edward D. Jones & …
Defendant scammed approximately 130 investors in Utah SALT LAKE CITY, Utah – A Utah County man pleaded guilty to securities fraud after admitting he lied to investors and fraudulently sold investment contracts, which are securities, without a license, to approximately 130 clients, through Utah company Alpha Influence, LLC. According to court documents and admissions made at the change of plea …
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 …
