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Trial Possible In Fraud Case Involving Purported Gold Mining Operation

The case against a man accused of defrauding a person of hundreds of thousands of dollars may go to trial.

Jay Dick Frandsen, 66, was charged in July 2019 with 14 counts of third-degree securities fraud, two counts of second-degree issuing a bad check, one third-degree count for conducting business as an unregistered securities agent and one second-degree count of exploitation of a vulnerable adult.


Frandsen appeared in 1st District Court by way of a conference call on Monday. During the appearance, defense attorney Mike McGinnis told the court a resolution had not been reached and that he expected the case to go to trial. Read the rest of the story on


This story is made possible thanks to a community reporting partnership between The Herald Journal and Utah Public Radio.