Below you'll find a list of all posts that have been tagged as “Press Release”
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 …
Salt Lake City, UT—The Utah Department of Commerce’s Office of Artificial Intelligence Policy (OAIP) has released a guidance letter based on findings from a comprehensive study examining the integration of artificial intelligence technologies by mental health therapists. This pioneering research, conducted in partnership with the Division of Professional Licensing (DOPL), highlights essential guidelines that support therapists in leveraging AI while prioritizing patient welfare, data privacy, and ethical …
Salt Lake City, UT—Today, the Public Service Commission issued an order that approved a general rate increase for Rocky Mountain Power (RMP) of $87.2 million, which marks a significant reduction of $243 million from the utility’s final request. RMP sought $330.2 million, a decrease from its original ask of $667 million. The advocacy of Utah Department of Commerce’s Division of …
Utah consumers have the right to request companies delete their genetic data The Utah Department of Commerce’s Division of Consumer Protection (DCP) and Office of the Utah Attorney General (OAG) are issuing a consumer alert regarding the recent bankruptcy filing by 23andMe, a direct-to-consumer genetic testing company. Utah residents should be aware of their rights and the protections afforded to …
$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 …
The suit highlights allegations of sexual exploitation via the TikTok Live feature as Utah intensifies its efforts to protect minors from harmful practices. SALT LAKE CITY—In a significant legal victory for the state of Utah, Third District Court Judge Coral Sanchez has denied TikTok’s motion to dismiss the state’s lawsuit filed in June 2024. This marks the advancement of Utah’s …
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 …
