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01/24/2025

Utah County entrepreneur pleads guilty to security fraud charges involving 530 victims

KSL.com

SALT LAKE CITY — A Utah County entrepreneur has pleaded guilty in federal court to costing hundreds of clients millions of dollars after selling securities illegally.

Jeremiah "The Bull" Joseph Evans was charged Tuesday with securities fraud and money laundering. Evans is the owner of Alpha Influence LLC. "Neither Evans nor Alpha Influence was licensed to offer or sell securities," according to charging documents filed in U.S. district court.

On Thursday, during his initial appearance in federal court, Evans pleaded guilty to both counts. He is scheduled to be sentenced on April 3.

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