2026-05-19
Added · Updated
The Utah Division of Securities filed a civil case against RentDue Capital LLC and associated operators for violating state securities laws, seeking injunctions, asset freezes, and restitution. Matthew Shane Perkins pleaded guilty to federal wire fraud in a separate criminal proceeding and has agreed to pay over $77 million in restitution for fabricated statements hiding trading losses. The Division urges affected investors to complete a survey and notes that while restitution efforts are ongoing, full recovery is unlikely due to limited defendant assets.