Affinity fraud in Utah (SHOCK!) Perpetrator finally indicted

Stock and Bond Fraud, including Boiler Rooms / Pump and Dump Schemes, Mutual Fund & Hedge Fund Fraud, FOREX scams, plus Churning, Private Placements, Venture and Bridge Funding, IPOs, Viaticals Fraud, HYIP and Prime Bank scams, MTNs, Historical Notes, Recovery Schemes, etc. Includes the Jim Norman Project and the Michael Dotson Project and similar HYIP scams.
Judge Roy Bean
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Affinity fraud in Utah (SHOCK!) Perpetrator finally indicted

Postby Judge Roy Bean » Sun May 29, 2011 6:17 pm

http://www.nytimes.com/2011/05/27/us/27ponzi.html?_r=1&scp=1&sq=mormon%20madoff&st=cse

A Fraud Played Out on Family and Friends
IDAHO FALLS — Never mind that he was a multimillionaire. Daren Palmer was quick to carry furniture when someone in his congregation was moving. He volunteered at the church farm. He got down on his knees to clean the sanctuary.
...
The criminal case followed more than two years of civil actions by federal officials against Mr. Palmer. State officials ordered his company, the Trigon Group, to cease business in January 2009. By last summer, Mr. Palmer had reached a settlement with the Securities and Exchange Commission that included repaying as many of his debts as possible ...
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