Rick Koerber dating history

Rick Koerber is a member of the following lists: 1973 births, American radio personalities and People from Casper, Wyoming.

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Claud Roderick "Rick" Koerber (born Claud Roderick Franklin 1973, Casper, WY) is a Utah criminal convicted on charges of orchestrating and running a $100 million Ponzi scheme, one of the largest in Utah's history. Koerber took in $100 million from 2004 to 2008 by promising his victims returns of 24% to 60% annually, but spent $50 million on Ponzi payments to prior investors, as well as luxury cars and other luxury items, all to give his businesses the false appearance of profitability. Koerber attracted investors with long seminars that combined his views on capitalism with his religious philosophies. He was reported to cite his relationship with Hartman Rector Jr., an emeritus general authority of The Church of Jesus Christ of Latter-day Saints (who was reportedly in attendance for at least one of Koerber's presentations to would-be investors), and to have promised exorbitantly high profits for investors. By connecting his promises of unrealistic investment returns with the commonly shared religious and political views of his local victims, Koerber was using a tactic for building trust with potential victims known as "affinity fraud". Koerber was sentenced to 170 months (14 years, 2 months) in federal prison and restitution of $45 million dollars.