Patrick Brody, Fraudulent Real Estate Investment Ponzi Scheme, Utah 2025

Crime Scene

SALT LAKE CITY, Utah – In June 2025, the U.S. Attorney’s Office for the District of Utah recovered $1,250,333 for the victims of Patrick Brody’s fraudulent real estate investment Ponzi scheme.

The U.S. Attorney’s Office is committed to providing restitution to victims of federal crimes, said U.S. Attorney Melissa Holyoak of the District of Utah. Financial recoveries are a critical part of the Department’s mission to hold those who violate the law accountable for the injury they cause to crime victims and the general public.

The U.S. Attorney’s Office, along with the department’s litigating divisions, are responsible for enforcing and collecting civil and criminal debts owed to the U.S. and criminal debts owed to federal crime victims. The law requires defendants to pay restitution to victims of certain federal crimes who have suffered a physical injury or financial loss. While restitution is paid to the victim, criminal fines and felony assessments are paid to the department’s Crime Victims Fund, which distributes the funds collected to federal and state victim compensation and victim assistance programs.

In addition to the $1,250,333 recovered for the victims of Patrick Brody’s Ponzi scheme, the District of Utah recovered $350,000 for victims of Jacob Dalton’s securities fraud scheme in July 2025. After his conviction, the United States discovered that Dalton attempted to use a close family member to shield the funds from recovery and avoid paying restitution. Decisive action by the United States prevented the funds from being lost and led to garnishment of the funds for payment to Dalton’s victims.

The U.S. Attorney’s Office in the District of Utah, working with partner agencies and divisions, collected $11,267,324 in asset forfeiture actions in FY 2025. Forfeited assets deposited into the Department of Justice Assets Forfeiture Fund are used to restore funds to crime victims and for a variety of law enforcement purposes.

The District of Utah collected a total of $13,502,232.06 in criminal and civil actions in Fiscal Year 2025, with $8,716,979.03 collected in criminal actions and $4,758,253.03 collected in civil actions. Additionally, the District of Utah worked with other U.S. Attorney’s Offices and components of the Department of Justice to collect an additional $65,084,852.14 in cases pursued jointly by these offices.

Patrick Brody, Fraudulent Real Estate Investment Ponzi Scheme, SALT LAKE CITY, Utah, 06/2025, $1,250,333 recovered for victims

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