The Grand Junction law firm Rider & Quesenberry was appointed receiver of Valley Investments by a state judge in Denver and tomorrow is the first creditors meeting under a bankruptcy trustee.  According to the Daily Sentinel, investors and other creditors have at least $30 million dollars in claims. Valley Investments owner Philip Rand Lochmiller and [...]

Prosecutors in a multi-million dollar Grand Junction Ponzi Scheme are fighting to keep the trial in Grand Junction instead of Denver. According to the Daily Sentinel, prosecution believes that by not conducting the trial in Grand Junction, it would deny Western Slope citizens the right to sit in on a case of this magnitude. Valley [...]