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Comments about ‘Orem man accused of taking millions from family, friends in Ponzi scheme’

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Published: Thursday, Aug. 8 2013 8:45 p.m. MDT

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I know it. I Live it. I Love it.
Salt Lake City, UT

First, this is just sad and I'm happy it's being brought to light.

Second, why would you give someone, even a friend or family member, investment money in a grocery store parking lot and/or without documentation?

Kings Court
Alpine, UT

Once again, frauds, scams, and schemes seem to be abundant in Happy Valley.

no fit in SG
St.George, Utah

Heinz "may eventually face criminal charges".
May?
I guess this sort of thing explains the frustrations felt by Americans concerning our justice system.

jeanie
orem, UT

I believe that people who claim to be Christian and use their religious connections to dupe people out of their money will eventually pay a bigger price than those who never claimed to follow God's teachings. One thing was clear in the Bible, Christ was patient with the sinner but not the hypocrite.

patriot
Cedar Hills, UT

I would say this guy is in a bit of trouble...

mattrick78
Cedar City, UT

Other than his victims who were elderly, I don't know how people get suckered into these schemes.

motorbike
Cottonwood Heights, UT

Stealing is bad enough on its own, but stealing from the elderly? Absolute slime.

poyman
Lincoln City, OR

I'm sorry to say this but Utah has more pyramids in it than Egypt... Everybody has the key idea to unlock the Golden Return Gates... All they need is your money and everyone will be rich...

I'm a member of the church and I live out of state, and I wish I had $5 for everytime someone living in Utah approached me with an idea of how to make millions by spending my money...

It's really kind of sad... It's sad because these people paint the church and what we stand for in orrible colors for the world to see. The church in Utah really needs to clean up this perception.

morpunkt
Glendora, CA

This type of problem still keeps raising its ugly head. One would think people would be more aware. Unfortunately, it continues to perpetuate itself.

Max
Charlotte, NC

Not another one! Why are so many people suckered into these scams? Doesn't anybody go to reputable investment professionals? No, they don't promise the outrageous returns BECAUSE THOSE RETURNS ARE IMPOSSIBLE. People are being undone by their own greed. You can't get more than the markets will offer. There is no way around that folks.

California Steve
Hanford, CA

"Calls to Steven Heinz were not immediately returned Thursday."
Go figure.

Pragmatic
Salt Lake City, UT

Utah County seems to be infiltrated with Ponzi schemes. This type of activity, unfortunately, is the dark of the predominate culture. There is a culture in Utah County to get rich quick. After all it is the mecca of multi level marketing companies which are all about getting rich quick. This man's horrible behavior is an offshoot of this culture and group think.

sjc
layton, UT

The elderly are just as greedy as everyone else.

No sympathy for someone seeking a 120% return

thebigsamoan
Richmond, VA

@patriot,

"I would say this guy is in a bit of trouble..." Really? Just a bit of trouble? I think it's more like he's in a boat load of doodoo. Stealing from the elderly? Despicable!

Gosh-DUH
Burlington, CT

Just wondering - is/was he a member of The Church of Jesus Christ of Latter-day Saints? The Deseret News is always quick to mention when people are LDS and engaged in good works. Turnabout's fair play. Let's also make of note of when LDS folks, if he is LDS, are accused of swindling family and friends and fellow church members.

MormonSean
Salt Lake City, UT

Kings Court,

I've seen for myself 100x more corruption in the Salt Lake Valley. Utah Valley isn't perfect and crime exists everywhere. But statistically Utah Valley isn't nearly as abundant with problems as Salt Lake. Maybe people in Utah Valley are more trusting and willing to buy stuff in parking lots, making it newsworthy. I'd believe that. But as for the rest, Salt Lake has far more problems and far more people that are tolerant of those problems.

Cats
Somewhere in Time, UT

Not again?

greatbam22
andrews afb, MD

Wolf in sheeps clothing. I believe the bible scriptures mention something of this "Beware of false prophets, which come to you in sheep’s clothing, but inwardly they are ravening wolves."

It seems to me that while this man might not have been too outlandish claims but at the same time people sometimes just trust people just because they are "LDS". There are plenty of "LDS" people that I wouldn't trust.

It just weird that people would give your life savings to someone in a grocery store parking lot!

Noodlekaboodle
Poplar Grove, UT

Seriously, just because someone is in your ward doesn't mean you can trust them. I've never understood handing over my lives savings just because someone lives in the same neighborhood and goes to the same church.

utah cornhusker
NORFOLK, NE

My heart goes out to the elderly people that lost money. I can't say that I ever here much about ponzi schemes happening back here like there is out there. If someone else asked me to meet in a parking lot for transactions id think they were nuts. It Seems so commonplace out there which is sad. But if something promises high rates of returns, its to good to be true. I hope they throw the book at him, but if they only file federal charges against him hed probably go to a nice posh federal prison where it doesn't seem like he's in prison.

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