Securities

Recent Posts

SEC: Utah Man Operated $100 Million Ponzi Scheme
Posted on 29 Jun 2012 by Jordan D. Maglich

A Utah man who conducted real estate seminars across the country was the target of an emergency proceeding initiated by the Securities and Exchange Commission that charged him with operating a $100 million Ponzi scheme with hundreds of investors. Wayne... Read More

Accused Utah Ponzi Schemer Held in Contempt For Hiding Assets From Receiver
Posted on 25 Jul 2012 by Jordan D. Maglich

A Utah federal judge ordered a Utah man accused of operating a $200 million Ponzi scheme to be held in contempt for his failure to turn over assets to the court-appointed receiver. Allen Jacobson, charged with his father Wendell in what Utah authorities... Read More

  • Blog Post: SEC: Utah Man Operated $100 Million Ponzi Scheme

    A Utah man who conducted real estate seminars across the country was the target of an emergency proceeding initiated by the Securities and Exchange Commission that charged him with operating a $100 million Ponzi scheme with hundreds of investors. Wayne LaMar Palmer ("Palmer"), 57, of West Jordan...
  • Blog Post: Accused Utah Ponzi Schemer Held in Contempt For Hiding Assets From Receiver

    A Utah federal judge ordered a Utah man accused of operating a $200 million Ponzi scheme to be held in contempt for his failure to turn over assets to the court-appointed receiver. Allen Jacobson, charged with his father Wendell in what Utah authorities say is one of the largest Ponzi schemes uncovered...