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LehiSalt Lake City

Lehi man pleads guilty to Ponzi scheme

Utah.News 1 source cited Details

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gephardtdaily.com

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A precarious house of cards beginning to collapse on a dark wooden desk, symbolizing a fraudulent financial scheme.
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Utah News spotted this story published November 2, 2026 at Gephardt Daily. Full coverage may follow as more sources report.

SALT LAKE CITY, Utah, Nov. 2, 2026 (Gephardt Daily) — A Lehi man appeared in court Monday and admitted to his involvement in a multimillion-dollar ponzi scheme in the District of Utah that collected funds of more than $60 million from hundreds of investors.

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CityLehi, Salt Lake City
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