Utah Department of Commerce Blog

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Featured image for “NEWS RELEASE: Consumers Defrauded by Zurixx Real Estate Investment Scheme to Receive $12 Million in Refunds”

NEWS RELEASE: Consumers Defrauded by Zurixx Real Estate Investment Scheme to Receive $12 Million in Refunds

July 31, 2024
The Utah Department of Commerce’s Division of Consumer Protection, represented by the Utah Attorney General’s Office, and the Federal Trade...
2024
Department of Commerce
Division of Consumer Protection
News and Press Releases
Featured image for “NEWS RELEASE: Smartphone Fraudster Sentenced to 29 Months’ Imprisonment After Cheating Investors Out of $10M”

NEWS RELEASE: Smartphone Fraudster Sentenced to 29 Months’ Imprisonment After Cheating Investors Out of $10M

July 15, 2024
Salt Lake City, Utah – A Utah businessman was sentenced in federal court today for the second time this year...
2024
Department of Commerce
Division of Securities
News and Press Releases
Featured image for “NEWS RELEASE: Park City Businessman Sentenced to 12 Months’ Imprisonment for $1.7M Wire Fraud Scheme”

NEWS RELEASE: Park City Businessman Sentenced to 12 Months’ Imprisonment for $1.7M Wire Fraud Scheme

July 11, 2024
Defendant spent funds on his personal mortgage, vacations, swingers clubs, luxury items and more Salt Lake City, Utah – Timothy...
2024
Department of Commerce
Division of Securities
News and Press Releases
Featured image for “The Utah Department of Commerce Announces the Official Launch of the Utah Office of Artificial Intelligence Policy”

The Utah Department of Commerce Announces the Official Launch of the Utah Office of Artificial Intelligence Policy

July 8, 2024
The Utah Department of Commerce Utah is pleased to announce the official launch of its Office of Artificial Intelligence (OAIP)....
2024
Commerce Administration
Department of Commerce
News and Press Releases
Featured image for “NEWS RELEASE: Utah Reaches Settlement Against Johnson and Johnson”

NEWS RELEASE: Utah Reaches Settlement Against Johnson and Johnson

June 13, 2024
Utah Attorney General Reyes, on behalf of the Utah Division of Consumer Protection and with 42 other attorneys general, reached a $700 million nationwide settlement to resolve allegations related to the marketing of Johnson & Johnson’s baby powder and body powder products that contained talc. As part of the settlement, Utah will receive $7,540,013 over four years, for approximately $1.88 million each year....
2024
Department of Commerce
Division of Consumer Protection
News and Press Releases
Featured image for “Consumer Advisory: Closure of the Securities and Exchange Commission Regional Office in Salt Lake City”

Consumer Advisory: Closure of the Securities and Exchange Commission Regional Office in Salt Lake City

June 7, 2024
In light of the closure of the Securities and Exchange Commission regional office in Salt Lake City, many questions have...
2024
Division of Securities
Tips & Advice
Featured image for “NEWS RELEASE: Utah Sues TikTok for Raking in Millions from Virtual Strip Clubs Involving Minors”

NEWS RELEASE: Utah Sues TikTok for Raking in Millions from Virtual Strip Clubs Involving Minors

June 3, 2024
The Utah Department of Commerce’s Division of Consumer Protection and Utah Attorney General allege TikTok has knowingly built a revenue...
2024
Department of Commerce
Division of Consumer Protection
News and Press Releases
Social Media Bills
Featured image for “NEWS RELEASE: Adam Watson Appointed as Director of the Utah Division of Corporations and Commercial Code”

NEWS RELEASE: Adam Watson Appointed as Director of the Utah Division of Corporations and Commercial Code

May 10, 2024
The Utah Department of Commerce has appointed Adam Watson as the new Director of the Utah Division of Corporations and Commercial Code (DCCC). Watson brings an extensive background in managing investigation teams and a commitment to public service. Watson previously served as the Chief Investigator for the Utah Division of Consumer Protection (DCP). ...
2024
Department of Commerce
Division of Corporations and Commercial Code
News and Press Releases
Featured image for “NEWS RELEASE: Zachary Boyd Appointed as New Director of the Utah Office of Artificial Intelligence Policy”

NEWS RELEASE: Zachary Boyd Appointed as New Director of the Utah Office of Artificial Intelligence Policy

April 30, 2024
The Utah Department of Commerce has appointed Dr. Zachary Boyd as the Director of the newly established Office of Artificial Intelligence Policy. Dr. Boyd brings an extensive background in artificial intelligence (AI) and machine learning, which will help lead the state’s efforts in exploring AI technologies and developing policies....
2024
Commerce Administration
Department of Commerce
News and Press Releases