Silver Lined Lies

Today’s episode, “Silver Lined Lies,” was recorded live during the 2023 NASAA Investor Education Conference. We discussed how a small Utah coin shop owner used his storefront to execute the largest Ponzi scheme in Utah history! He did not use an elaborate marketing campaign to advertise his risk-free opportunity but relied on word of mouth to spread his tarnished scheme. The fraud went on for multiple decades as he stole over $200 million from about 500 investors!