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    Articles Australia Channel Islands Costa Rica Fraud Germany Guernsey Investment Liechtenstein USANovember 30, 2004

    Utah church-goers claim scam after being offered returns of 100% per month

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    16 years ago

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    Clair Cox Doug Lister Land Development Corp. Mary Robbins Quade Nelson
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    Church-goers in Utah are among investors who claim they were defrauded out of $2.5 million after being promised “guaranteed minimum” returns of 100 per cent per month.The “promised” returns should have come to more than $300 million in a 12-month period, according to a civil lawsuit that was filed at the U. S. District Court for the District of Utah on November 15, 2004.