A federal grand jury has indicted two men from Utah for their involvement in a fraudulent investment scheme that allegedly defrauded investors of $40 million. The indictment details how the accused siphoned funds from investors into their personal accounts. This case is part of a broader trend of financial fraud cases being prosecuted, as highlighted by other recent indictments and sentences related to various fraudulent activities across the country, including a Denver couple sentenced for wire fraud totaling $20 million in fines and a disbarred attorney accused of defrauding clients of $1.2 million.