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International Business Times UK
International Business Times UK
Francis Miñoza

Utah Man Faces Federal Fraud Charges After $7.9M Judgment Over Amazon Store Investment Scheme

Amazon Fraud Utah e-commerce ABC4 Money Laundering US Department of Justice
Parker James Wilde faces federal fraud charges over alleged cryptocurrency and Amazon store investment schemes involving more than 200 people (Credit: Sora Shimazaki/Pexels)

Parker James Wilde, 29, of Draper, Utah, faces federal securities fraud, wire fraud and money laundering charges after an indictment unsealed on 13 October 2026 accused him of operating investment schemes that allegedly caused millions of dollars in losses to approximately 200 victims.

The charges follow a December 2025 civil judgment of approximately $7.9 million (approx. €7.04 million and £5.93 million) over an automated Amazon storefront scheme.

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