UTAH NEWS BETA
Monday, November 2, 2026 Search Open in app
THE WIRE · UPDATED 6:03 PM MST No story is too small.
Salt Lake City

Man pleads guilty to Ponzi scheme, defrauded investors of over $60 million

By ABC4 · November 2, 2026 · 1 min read
Utah.News 1 source cited Details

How this story was published

Published automatically from one public source cited; not yet reviewed by the desk. Tell us if something is wrong ↗

Source

abc4.com

Utah.News publishes every story with the sources it was built from. Questions or a correction: corrections@utah.news.

Single source Reported from one source.
A cracked hourglass leaking sand onto a dark wooden surface, symbolizing the loss of wealth and time in a financial fraud case.
AI illustration
Read at ABC4 →

Utah News spotted this story published November 2, 2026 at ABC4. Full coverage may follow as more sources report.

SALT LAKE CITY (ABC4) — A man has pleaded guilty to being involved in a Ponzi Scheme that defrauded investors of over $60 million. Matthew Morrison Bates, 42, pleaded guilty to conspiracy to commit wire fraud and money laundering after being charged in September 2026.

Article details

CitySalt Lake City
Report a problem with this story
What's off? Pick any that fit, or just write below.

Every report is read and checked against the story's sources. Your email, if you give one, is used only to contact you about this message and is never shown publicly. Please keep other personal details out of the text. Privacy

Prefer Utah News on Google

More from Salt Lake City See all →

Single-engine plane slides off runway Salt Lake City Int’l Airport

SALT LAKE CITY, Utah, Nov. 2, 2026 (Gephardt Daily) — At Salt Lake City International Airport this morning, a single-engine general aviation aircraft landed on runway 35 and slipped off a runway upon landing. The incident happened at 10:25 a.m., and reportedly involved a Piper Cherokee 235.

via Gephardt DailySalt Lake CityNovember 2, 2026

Small plane 'slips' off runway at Salt Lake City International Airport

SALT LAKE CITY (ABC4) — A small plane reportedly veered off the runway and into the grass at Salt Lake International Airport. According to airport officials a single engine general aviation aircraft landed on runway 35 and "slipped" off the runway upon landing.

via ABC4Salt Lake CityNovember 2, 2026

Crews respond to natural gas leak in Salt Lake City

SALT LAKE CITY (ABC4) — Crews are on scene of a gas leak near 900 West in Salt Lake City. According to the Salt Lake City Fire Department (SLCFD), there is a natural gas leak near 43 N 900 W.

via ABC4Salt Lake CityNovember 2, 2026

Natural Gas Leak Near 43 N 900 W. Causes Road Closures

A natural gas leak near 43 N 900 W. caused road closures and congestion in Salt Lake City. Endbridge crews successfully controlled the leak, though crews remained on site for repairs.

Salt Lake CityNovember 2, 2026

CV girls win first 3A cross country state title

With all five runners finishing inside the top 20, the Canyon View girls cross country team held on and won its first 3A state championship in school history Oct. 27 at Sugarhouse Park in Salt Lake City. The Falcons finished with 55 total team points, six ahead of the runner-up Ogden Tigers.

via Iron County TodaySalt Lake CityNovember 2, 2026

Natural gas leak forces road closure in Salt Lake City

A natural gas leak has forced the closure of a Salt Lake City roadway Monday afternoon, with people told to avoid the area. The Salt Lake City Fire Department said the leak is near 43 North 900 West, just southeast of the Utah State Fairpark.

via Fox 13Salt Lake CityNovember 2, 2026

Latest from around Utah See all →

U.S. home prices are dropping but mortgage payments remain high

Homes in the United States are becoming a little less expensive to buy. The median sales price for a U.S. home dropped to $389,601 for the four weeks ending Oct. 25, a 0.1% decline over the same time period a year ago, according to the latest housing market data released by Redfin, an online real estate brokerage.

via Deseret NewsStatewideNovember 2, 2026

Davis County Animal Care Provides Essential Services for West Point Residents

Davis County Animal Care provides essential animal services for West Point residents, including pet licensing, vaccinations, and handling animal complaints.

West PointNovember 2, 2026

Silver Alert issued for missing West Jordan woman Jackie Reed

A Silver Alert has been issued for a 67-year-old West Jordan woman who was last seen on Thursday, Oct. 29. Jackie Reed has special needs and requires heart medication, and she has stage 4 Parkinson Disease and diabetes.

West JordanNovember 2, 2026

Utah Football’s Elijah Davis Named Big 12 Defensive Player of the Week

Monday, Utah football fifth-year cornerback Elijah Davis was named as the Big 12 Defensive Player of the Week for his contributions in the Utes’ 49-25 win over Cincinnati last Saturday. The native of Winter Park, Fla. recorded a pick six, 0.5 tackles for a loss and a broken up pass in the victory over the Bearcats.

via Mid-Utah RadioStatewideNovember 2, 2026

Casey Arnold listed as City Recorder and Cemetery Administrator

Casey Arnold has been listed as the City Recorder and Cemetery Administrator for West Point, according to undated city department pages.

West PointNovember 2, 2026

Weber State Football's David Dellenbach Named Big Sky Co-Special Teams Player of the Week

OGDEN, Utah—Monday, Weber State football junior kicker David Dellenbach was named as the Big Sky Conference's Co-Special Teams Player of the Week for his contributions to the Wildcats 38-14 win over No. 20 UC Davis last Saturday at Stewart Stadium.

via Mid-Utah RadioOgdenNovember 2, 2026