Sampson Sentenced For $250,000 Fraud Scheme in Utah

ST. GEORGE, UT – A devious scheme masterminded by Gregory Moats Sampson has landed him a 24-month federal prison sentence. The 46-year-old St. George man pleaded guilty to wire fraud and money laundering after preying on the trust of church members with a fraudulent investment scheme that resulted in a $250,000 loss.

The sentence imposed by U.S. District Judge David Nuffer also demands Sampson pay $250,000 in restitution to his victims, identified as J.S. and K.S., and mandates 36 months of supervised release upon his release from prison.

“Affinity fraud continues to be a significant threat to Utahns,” Chris Parker, Executive Director of the Utah Department of Commerce, cautioned. “We appreciate the U.S. Attorney’s Office for their cooperation with our Division of Securities.”

U.S. Attorney John W. Huber echoed the sentiment: “There is no safe haven in fraud loss where schemers can escape justice. This case sends a clear message that even smaller cases are taken seriously.”

Sampson, who met his victims when working as their real estate agent around 2012, convinced them to invest $250,000 based on false promises of high returns and stock certifications. He promised no fees for the investment, exploiting their trust and lack of sophistication.

Instead of investing the money, Sampson used it for personal gain, including paying off a loan, transferring funds to companies he owned, and other illicit uses. Despite his victims’ demands for proof or their money back, Sampson offered nothing but empty threats. Assistant U.S. Attorneys in Utah prosecuted the case, while investigators with the Utah Division of Securities conducted the investigation.