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Litigation Release No. 25003 / December 31, 2020
Securities and Exchange Commission v. Bowser et al., No. 2:20-civ-00918-TS (D. Utah filed December 30, 2020)
The Securities and Exchange Commission charged William Bill Bowser, Christopher Ashby, Scott Beynon, and Jordan Nelson with securities fraud for misappropriating investor funds meant for the development and construction of new event centers.
The SEC s complaint alleges that from approximately January 2017 to February 2019, Ashby, Beynon, and Nelson, through entities they controlled, sold investors interests in for-profit event centers purportedly being developed by Noah Corporation, an entity Bowser controlled. As alleged, Bowser diverted investor funds earmarked for specific properties and instead used them for Noah Corporation s and Bowser s operational and other expenses and to pay prior investors, rather than for construction of event centers as represented to investors. The complaint further alleges that ....

Salt Lake , United States , Amy Oliver , Christopher Ashby , Daniel Wadley , Cheryl Mori , Scott Beynon , Casey Fronk , Exchange Commission , Salt Lake Regional Office , Noah Corporation , Securities Exchange , Jordan Nelson , Securities Act , Securities Exchange Act , Salt Lake Regional , உப்பு ஏரி , ஒன்றுபட்டது மாநிலங்களில் , ஆமி ஆலிவர் , கிறிஸ்டோபர் ஆஷ்பி , டேனியல் வாட்லி , செரில் மோரி , ஸ்காட் பெயோன் , வழக்கு ப்றோங்க் , பரிமாற்றம் தரகு , உப்பு ஏரி பிராந்திய அலுவலகம் ,