SEC Obtains Final Judgment in Case Involving Fraudulent Scheme by Now-Deceased Investment Adviser
August 20, 2025
August 20, 2025
WASHINGTON, Aug. 20 -- The Securities and Exchange Commission issued the following litigation release (No. 22-cv-00135-RJS-DBP; D. Utah filed Oct. 14, 2022) involving Wendy Swensen:
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On July 31, 2025, the Securities and Exchange Commission obtained a settled final judgment in which relief defendant Wendy Swensen agreed to disgorge funds she received as the result of a fraudulent investment scheme carried out by her now-deceased husband, Stephen Swensen.
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On July 31, 2025, the Securities and Exchange Commission obtained a settled final judgment in which relief defendant Wendy Swensen agreed to disgorge funds she received as the result of a fraudulent investment scheme carried out by her now-deceased husband, Stephen Swensen.