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AURORA, Colo. (AP) -- A former bishop in The Church of Jesus Christ of Latter-day Saints allegedly operated a Ponzi scheme from his suburban Denver home for about 15 years, bilking investors out of millions of dollars to collect religious art and classic cars.
A lawsuit filed Tuesday in U.S. District Court in Denver by the Securities and Exchange Commission alleges Shawn Merriman, an unlicensed broker, collected up to $20 million from investors in several states to support a lavish lifestyle.
A lawsuit filed Tuesday in U.S. District Court in Denver by the Securities and Exchange Commission alleges Shawn Merriman, an unlicensed broker, collected up to $20 million from investors in several states to support a lavish lifestyle.
Wonder if Merriman donated any of that funny money for Prop. 8?
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