In
August, 2009, private guardian Jared Shafer and his CPAs, Bruce Garnett
and Shawn King, avoided criminal charges by secretly agreeing to pay
back money Shafer converted from the accounts of his Clark County Family
Court assigned "wards" into an immense Utah based Ponzi Scheme.
Even though Shafer and his CPAs were caught red handed by the US Security and Exchange Commission, they were not criminally charged
and were allowed to continue handling the assets of wealthy wards of
the court if they returned the money. But by that time, most of the
bilked wards had died, and their heirs were never informed of the
disposition of their loved one’s assets after required financial reports
were allowed to go unfiled by the guardian because Family Court Judges
William Voy, Charles Hoskin, and Hearing Master Jon Norheim regularly
allowed the omission of financial reports when it involved Jared Shafer.
Interestingly,
the public had no right to know this information based on the
"Confidentiality" clause in the following Settlement Agreement obtained
exclusively by INSIDE VEGAS. (The source of this information is
protected under NRS 49.275, the Nevada Reporter's Shield Law.)
FULL SETTLEMENT AGREEMENT signed by Shafer:
S.E.C. PRESS RELEASE:
BACKGROUND:
S.E.C. Complaint: https://www.sec.gov/litigation/complaints/2008/comp20450.pdf
MORE INFORMATION:
Source:
More Damning Evidence Uncovered Against Private Guardian Jared E. Shafer
I just don't know why this guy isn't in jail. Who is protecting him?
ReplyDelete