By United States Attorney’s Office, District of Utah …… Gaylen Dean Rust, 62, of Layton, Utah, was sentenced to 19 years in federal prison by a U.S. District Court Judge on Tuesday, March 8, 2022, after being convicted of conspiracy to commit wire fraud, conspiracy to commit money laundering, and securities fraud. Rust was ordered […]
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By CoinWeek News Staff …. On Wednesday, May 8, a federal grand jury in the U.S. District Court for the District of Utah returned six criminal indictments against a family at the middle of an alleged $200 million Ponzi scheme. Husband and wife Gaylen Dean Rust and Denise Gunderson Rust of Layton, both 59 years […]
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By Commodity Futures Trading Commission ….. The Commodity Futures Trading Commission (CFTC) and the Utah Department of Commerce, Division of Securities, through its Attorney General (State of Utah) filed an amended complaint alleging that Denise Gunderson Rust (Denise Rust) and Joshua Daniel Rust (Joshua Rust) actively participated and aided and abetted, in a precious metals […]
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By Commodity Futures Trading Commission ….. The Commodity Futures Trading Commission (CFTC) and the Utah Department of Commerce, Division of Securities, through its Attorney General, jointly filed a civil enforcement action in the U.S. District Court for the District of Utah, Central Division, against Defendants Gaylen Dean Rust (Rust) and Rust Rare Coin, Inc. […]
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