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Salt Lake County Man Charged After Allegedly Defrauding Investors Out of Millions of Dollars

Salt Lake County, UT · 10/13/2026, 6:00:00 AM MT · U.S. Attorney's Office, District of Utah · Official agency release

Arrests and charges are allegations. Everyone is presumed innocent unless and until proven guilty in court.

A Draper man, 29, is accused of securities fraud, wire fraud, and money laundering after allegedly defrauding approximately 200 investors out of millions of dollars.

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An arrest or criminal charge is an allegation and does not establish guilt. All individuals are presumed innocent unless and until proven guilty in court.

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