Tag: Idaho
Daren L. Palmer, Ponzi Scheme Fraud, Idaho 2010
IDAHO FALLS, ID – Daren L. Palmer, 47, was ordered to pay over $41.2 million in penalties and disgorgement after being found guilty of operating a Ponzi scheme through his company, Trigon Group LLC, according to a federal court order issued October 4, 2010. The U.S. Commodity Futures Trading Commission (CFTC) originally charged Palmer on…
Michael Justin Hoopes, Fraud, Idaho 2011
Michael Justin Hoopes of Rexburg, Idaho, is facing charges of fraud and misappropriation following a CFTC complaint filed on October 25, 2011, in U.S. District Court for the District of Idaho. The complaint alleges Hoopes operated a Ponzi scheme through Aspen Trading, LLC, defrauding residents of Idaho and others. According to the CFTC, Hoopes fraudulently…
Brad Lee Demuzio, Ponzi Scheme, Idaho 2012
Brad Lee Demuzio, of Chubbuck, Idaho, has been charged with operating a $1.8 million Ponzi scheme that defrauded investors of approximately $900,000, according to a complaint filed by the U.S. Commodity Futures Trading Commission (CFTC) on April 11, 2012, in the U.S. District Court for the District of Idaho. Demuzio, operating through his company Demuzio…
Michael Justin Hoopes, Ponzi Scheme, Idaho 2012
Michael Justin Hoopes of Rexburg, Idaho, has been ordered to pay over $11.8 million in restitution and penalties for operating a Ponzi scheme that defrauded residents of Idaho and others, the U.S. Commodity Futures Trading Commission (CFTC) announced on July 30, 2012. The federal court order, entered on July 26, 2012, by Judge Edward J.…
Brad L. Demuzio, Forex Ponzi Scheme, Idaho 2012
Brad L. Demuzio, of Chubbuck, Idaho, has been permanently banned from trading and registration in commodity markets after being found liable for operating a $1.8 million foreign currency (forex) Ponzi scheme. The U.S. Commodity Futures Trading Commission (CFTC) secured a consent order and default judgment against Demuzio and his company, Demuzio Capital Management, LLC (DCM),…
Daren L. Palmer, Ponzi Scheme Fraud, Idaho 2012
BOISE, ID – Daren L. Palmer has been permanently barred from commodity trading and registration after a federal court found him liable for operating a $40 million Ponzi scheme through his company, Trigon Group, Inc. The U.S. Commodity Futures Trading Commission (CFTC) announced December 5, 2012, that Judge Edward J. Lodge of the U.S. District…
Elisha Gabrielle Ortiz, Methamphetamine Trafficking, Idaho 2025
⏱ 3 min read Twin Falls, ID – A shadowy figure, 40-year-old Elisha Gabrielle Ortiz, dealt death in the streets of Twin Falls. In January 2025, investigators cracked her methamphetamine trafficking ring, which had been quietly poisoning the Magic Valley area. Ortiz would sell the deadly dope to another person on at least two occasions.…
Oscar Alejandro Perez-Gomez, Methamphetamine Trafficking, Idaho 2022
⏱ 3 min read Ten defendants, part of a brazen methamphetamine trafficking ring, were sentenced to federal prison for distributing the deadly drug in Idaho’s Magic Valley. The ring brought in over 30 pounds of methamphetamine from Arizona and California, flooding the region with a toxic substance that’s destroying lives. At the center of the…
Elisha Gabrielle Ortiz, Methamphetamine Distribution, Idaho 2025
A 40-year-old woman from Twin Falls, Idaho, has been sentenced to 12 years in federal prison for distributing methamphetamine in the Magic Valley area. Elisha Gabrielle Ortiz was handed down the sentence by Chief U.S. District Judge Amanda K. Brailsford on an unspecified date in 2025. According to court records, investigators learned in January 2025…
Arthur Michael Rhyne, Illegal Firearms Trafficking, California 2024
TWIN FALLS, ID – Arthur Michael Rhyne, 41, of Twin Falls, is headed to federal prison for seven years after being convicted of unlawfully possessing and trafficking firearms, including dangerous machinegun conversion devices known as “Glock switches.” The case, spearheaded by the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), reveals a disturbing pipeline of…
