Utah Is A Hotbed Of Pyramid And Ponzi Scams
In my research on scams I have found that a huge amount of them are located in Utah or the founders are from Utah. Why is this? Utah attorney Mark Pugsley takes the time to share his opinion on why he thinks this is the case.
Mark is a commercial litigator at Ray Quinney & Nebeker, is the founder of the web site UtahSecuritiesFraud.com, and has handled civil disputes, investment fraud cases, securities arbitrations, whistleblower cases and regulatory investigations for over twenty years.
Here are Mark’s insights:
– Source Mormonstories.org
Before you invest your money in any business opportunity you want to understand the following:
- The financials for the company.
- The income the normal representative is making.
- The founders legal history.
Never invest your money with an unregistered investment adviser.