WASHINGTON, Oct. 13 -- The U.S. Department of Justice's U.S. Attorney's office for XXXXXX (insert district) issued the following press release:
SALT LAKE CITY, Utah - An indictment was unsealed today charging Parker James Wilde, 29, of Draper, Utah with securities fraud, wire fraud, and money laundering for multiple investment fraud schemes that resulted in millions of dollars of loss to approximately 200 victims.
According to court documents, starting in August 2021, Wilde allegedly solicited investors in a "done-for-you" e-commerce investment scheme promoted primarily through a curated social media display of investor success, personal affluence, and specialized knowledge. Wilde also allegedly solicited investors in a day trading scheme...