Washington County Man Sentenced to 15 Years’ Imprisonment for Wire Fraud
ST. GEORGE , Utah – A Southern Utah man was sentenced to 180 months’ imprisonment after he posed as a ‘savant’ stock trader, obtaining at least $89 million from approximately 200 investors. The majority of the funds were either lost in day trading or misappropriated, resulting in an outstanding victim loss of at least $77 million, which he concealed.
What happened
ST. GEORGE , Utah – A Southern Utah man was sentenced to 180 months’ imprisonment after he posed as a ‘savant’ stock trader, obtaining at least $89 million from approximately 200 investors. The majority of the funds were either lost in day trading or misappropriated, resulting in an outstanding victim loss of at least $77 million, which he concealed.
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1 reports · 1 original report · 1 independent
- U.S. Department of JusticePrimary source · Supports · EN · 100%Washington County Man Sentenced to 15 Years’ Imprisonment for Wire Fraud ↗
Claims
- Washington County Man Sentenced to 15 Years’ Imprisonment for Wire Fraud Observed
Conflicts
No material conflict detected in the available evidence.
Timeline
- First reported
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