Southern Utah Man Sentenced to 15 Years in Federal Prison and Restitution of ~$77.7 Million after Defrauding 200+ Investors of $89 Million Since August 2023
EXECUTIVE SUMMARY
✅ Matthew Shane Perkins of Washington City, Utah, has been sentenced to 15 years in federal prison and ordered to pay nearly $77.7 million in restitution after pleading guilty to wire fraud.
✅ More than 200 investors placed at least $89 million into an investment operation involving Perkins'
