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ST. GEORGE, Utah (AP) -- A man who was associated with an Ogden man sentenced to prison in a $140 million fraud scheme has been charged in the case.
William J. Hammons, 64, an investment counselor in St. George, was charged last week in 5th District Court in Washington County with multiple counts, including securities fraud and being an unregistered securities agent, for allegedly bilking four investors out of $1.1 million by directing them to projects run by Val Southwick.
Southwick was sentenced in June to nine consecutive terms of one to 15 years in prison for securities fraud.
Another man, Shawn Moore, 42, of Centerville, was charged in 3rd District Court late last year with several counts, including securities fraud, for allegedly bilking six investors.
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Information from: Standard-Examiner
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