(POCATELLO) – An eastern Idaho man who stole $75.8 million from investors has officially pleaded guilty in federal court. If convicted, Daren Palmer could spend up to 30 years in prison and pay $500,000 in fines. Investigators say nearly $20 million was eventually lost by Palmer between 2002 and 2008. Palmer’s sentencing has been set for August 22.
Mike Price, EastIdahoNews.com
Freeman Stevenson, KSL.com
Nate Sunderland, EastIdahoNews.com
Jackson Adams, Teton Valley News