âThere are no winners here,â said Wayne Klein, a court-appointed conflicts receiver tasked with retrieving around half-a-million dollars fraudulently donated to Utah State University. âThe investors arenât going to get all their money back, Utah State is getting shafted and everybodyâs a loser.â
In June, Klein filed a federal lawsuit against USU to retrieve nearly $545,000 after the university was the recipient of donations from a Ponzi scheme.
According to the complaint filed with the United States District Court for the District of Utah, Salt Lake City coin shop owner Gaylen Dean Rust âoperated a massive Ponzi scheme through which he and others defrauded over 430 individuals out of over $200 million.â
USU Hosted TEDx Unity Conference
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Three Individuals to Receive Honorary Degrees at USU s 134th Commencement
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WSCC Performing Arts Living Series features the Fry Street String Quartet
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The Fry String Quartet will be the featured artists at the West Shore Community College Living Room Series on March 4. (Photo courtesy of Andrew McAllister)
VICTORY TOWNSHIP The West Shore Community College Performing Arts Living Room Series will feature a musical evening with the Fry Street String Quartet at 7:30 p.m., on Thursday, March 4.
This remarkable quartet, hailed as a triumph of ensemble playing by “The New York Times,” is a multi-faceted ensemble taking chamber music in new directions. Touring music of the masters as well as exciting original works from visionary composers of our time, the Fry Street Quartet has perfected a blend of technical precision and scorching spontaneity (The Strad).