A 29-year-old Utah man has been charged with securities fraud, wire fraud, and money laundering for allegedly defrauding people through online schemes.
An investigation into Parker James Wilde of Draper, Utah, revealed that he allegedly misled investors and stole millions of dollars from more than 200 victims. The trial is scheduled to begin in December.
Details of the case
According to the complaint, Parker Wilde allegedly operated an investment scheme called “Done for You.” He promoted the scheme online and encouraged people to invest by promising financial success and a luxurious lifestyle.
He promised significant returns and claimed to have specialized knowledge of the cryptocurrency industry, encouraging investors to entrust him with their money.
Previous $7.9 million civil case
Wilde had previously come under scrutiny for allegedly running similar scams…