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Filmmaker Richard Dutcher testified about Koerber's $5 million funding of the 2009 erotic horror film Evil Angel while several of Koeber's investors testified they did not know or approve of their money to bankroll a film, which prosecutors characterized as typical of Koerber's dishonest practices.
Dutcher was a witness in the 2017 court case of Utah real estate investor Rick Koerber who funded the film and was later accused and convicted of operating a Ponzi scheme, funding the $5 million film production with money investors believed was used to buy properties.
Oct 17, 2019 · Rick Koerber, who became infamous in Utah for his "Free Capitalist" real estate investment seminars, has been given 14 years in federal prison for running what prosecutors called a Ponzi scheme.
A U.S. District Court judge sentenced Claud R. “Rick” Koerber to 170 months — which adds up to 14 years and two months — in prison after a jury convicted him of 15 counts of wire fraud ...
Oct 12, 2017 · The federal criminal trial started August 21, 2017, and is the latest chapter in a long saga beginning back in 2005, when a joint state-federal task force was assigned to investigate Rick Koerber and his business Franklin Squires.
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Oct 3, 2010 · Richard Dutcher burst into Mormon cultural consciousness ten years ago with the release of his independent film hit, God’s Army.