$23 million returned to victims of Rust Rare Coins fraud
A court-appointed receiver announced Monday that he has returned $23.2 million dollars to victims of what was called the largest Ponzi scheme in Utah history.
Source: fox13now.com
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Owner of Rust Rare Coin Sentenced to 19 Years in Prison for Silver Fraud
By United States Attorney's Office, District of Utah ...... Gaylen Dean Rust, 62, of Layton, Utah, was sentenced to 19 years in federal prison by a
Source: coinweek.com
Layton man who made fraudulent donations to Utah State University sentenced for role in Ponzi scheme
A Layton man convicted of charges related to the defrauding over 500 investors in a Ponzi scheme, an episode that included a decade’s worth of fraudulent donations to Utah State
Source: hjnews.com
Utahn behind $200M Ponzi scheme sentenced to 19 years in prison
SALT LAKE CITY (KSL.com) — The man behind one of Utah’s largest-ever Ponzi schemes, which netted over $200 million from victims, now knows his sentence. Gaylen Dean Rust, 62, was ordered Tuesday to serve 19 years in federal prison after he pleaded guilty in December to felony counts of wire fraud, money laundering and securities […]
Source: eastidahonews.com
Coin salesman sentenced to 19 years for silver Ponzi scheme
SALT LAKE CITY (AP) — An antique coin salesman who pled guilty to money laundering and...
Source: timesunion.com