Tag: Utah Department of Commerce Division of Securitie
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BULLETIN: AdSurfDaily/OneX Pitchwoman Rayda Roundy Faces Proposed Fine Of $81,250 In Utah For Alleged Unlawful Sale Of ‘Safevest LLC’ Securities In Ponzi Scheme Targeted At Christians
BULLETIN: (UPDATED 4:58 P.M. EDT (U.S.A.) The state of Utah has proposed that Rayda Roundy of Hurricane be fined $81,250 and ordered to cease and desist from selling securities unlawfully in the state for her alleged role in hawking Safevest LLC. In May 2008, the SEC described Safevest as a fraud- and Ponzi-like scheme that…
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British Fraudster Running Investment Swindle And Conducting Pitchfests In Utah Sent Email To Undercover Agent, Feds Say; John S. Dudley Pleads Gulity To Wire Fraud
John S. Dudley, a citizen of Great Britain, has pleaded guilty to wire fraud in federal court in Utah in an investment-fraud case that featured the presence of an undercover agent who’d received email from Dudley, the office of U.S. Attorney David B. Barlow said. The agent — from the Utah Department of Commerce’s Division…