The FBI seal is pictured in Omaha, Neb., Aug. 10, 2022. FBI Sacramento Encouraging Indian Community in California to Report Extortion/Charlie Neibergall, File)
DRAPER, Utah (KUTV) —A 29-year-old Salt Lake County man was charged with defrauding investors of millions of dollars, according to the U.S. Attorney’s Office for the District of Utah.
Draper resident Parker James Wilde was charged with securities fraud, wire fraud and money laundering in connection with multiple investment schemes that caused millions of dollars in losses to 200 victims.
Court documents allege Wilde began soliciting investors in August 2021 for e-commerce and day trading schemes, promising success and significant returns.
He allegedly spent investors’ money on an extravagant lifestyle to create a misleading appearance of wealth and success.
A jury trial was scheduled for Dec. 18 in downtown Salt Lake City.
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