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Wednesday, April 17, 2024 | Back issues
Courthouse News Service Courthouse News Service

Securities Fraud

The SEC claims MMT Distribution and R&D Global defrauded investors of $12 million in a cybercoin scheme operated by codefendants Daniel F. Putnam, 46, of Layton, Utah; Jean Paul Ramirez Rico, 37, of Medellín, Colombia; and Angel A. Rodriguez, 43, of Provo, Utah, in federal court.

SALT LAKE CITY — The SEC brought a federal complaint against MMT Distribution and R&D Global, saying they defrauded investors of $12 million in a cybercoin scheme operated by co-defendants Daniel F. Putnam, 46, of Layton, Utah; Jean Paul Ramirez Rico, 37, of Medellín, Colombia; and Angel A. Rodriguez, 43, of Provo, Utah.

Categories / Securities

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