Rust Rare Coin Receiver Jonathan O. Hafen Announces Distribution of Over $23 million to Ponzi Scheme Victims

By |2024-01-29T12:48:18-07:00January 29th, 2024|Member News|0 Comments

Parr Brown Gee & Loveless today announced that shareholder Jonathan O. Hafen, the Court-appointed Receiver in the Rust Rare Coin Ponzi scheme, has made three initial distributions to victims totaling $23,273,521.88. For well over a decade, Gaylen Rust defrauded hundreds of victims by falsely claiming that he was operating a lucrative silver bullion trading program. [...]