Judge upholds 18 of 20 charges in Koerber fraud indictment

Judge upholds 18 of 20 charges in Koerber fraud indictment

By Tom Harvey The Salt Lake Tribune
Published Sep 11, 2012 01:42PM MDT
A federal judge has tossed out two charges against Utah businessman Rick Koerber but allowed 18 of them to go forward from an indictment that alleges the former real estate investment guru operated his companies as a $100 million Ponzi scheme. U.S. District Judge Clark Waddoups ruled that two charges in the 20-count indictment were too vague for Koerber to adequately defend himself against. But in a ruling released Tuesday the judge also said the others were backed by sufficiently specific alleg...
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