Utah has had more than it's share of affinity
fraud cases over the years. Authorities say that in the past year alone, more than
4,000 Utahns have lost over $1.5 billion due to fraud. In many cases, the
fraudsters engage in what is known as "affinity fraud" which refers
to any type...
The Securities and Exchange Commission filed charges against
Monroe L. Beachy , a 77-year-old Amish man from Sugarcreek, Ohio. They found
the Bernie Madoff of the Amish.
Beachy targeted his fellow Amish in his alleged fraud. He
raised more than $33 million from as early as 1986. Beachy enticed...