Affinity fraud in Utah (SHOCK!) Perpetrator finally indicted
Posted: Sun May 29, 2011 5:17 pm
http://www.nytimes.com/2011/05/27/us/27 ... off&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.
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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 ...