Judge shoots down proposal to resolve Utah fraud case

A day after handing a big victory to investors in what was touted as one of Utah’s largest financial frauds, U.S. District Judge Bruce Jenkins shocked them on Friday by shooting down their plan to take over ownership of the properties into which they had poured more than $200 million. Jenkins summarily rejected a plan put forth by investors to take over ownership of the real estate properties associated with Management Solutions Inc., the Fountain Green company that federal regulators have alle...

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