Local Police Reports

FBI: Idaho Falls Man Sentenced in $29 Million Loss Ponzi Scheme

POCATELLO-(ENEWSPF)- Daren Palmer, 42, formerly of Idaho Falls, was sentenced in federal court today to eight years in prison for his role in a Ponzi investment scheme in which investors lost over $29 million, U.S. Attorney Wendy J. Olson announced. U.S. District Judge Edward J. Lodge ordered Palmer to pay $29,842,731 in restitution. Following his release from prison, Palmer must serve three years on supervised release and perform 200 hours of community service. Palmer entered…

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