A South Jordan man has pleaded guilty to securities fraud for defrauding life insurance funds from a woman who lost her husband and nearly lost her son in the 2007 Trolley Square shooting. Jason Kim Brown, 43, agreed to plead to one third-degree felony count on Friday after paying full restitution of $250,000 to Vickie Walker.
“It is my hope this helps Ms. Walker start to repair the damage done. She is already doing great things to help other crime victims,” says Chief Deputy Attorney General Kirk Torgensen. “I am proud of the efforts of everyone who worked so hard to get restitution.”
The Utah Attorney General’s Office filed charges against Brown after an investigation by the Utah Division of Securities. Third District Judge Deno Himonas placed Brown on probation for one year and ordered him to serve 100 hours of community service. The judge also ordered Brown to write an apology to Walker for the crime and for making disparaging remarks about her to the press. Brown is eligible to have his charge reduced if he complies with all of the agreement.
On February 12, 2007, Jeff Walker was murdered and his son AJ was severely wounded when a lone gunman opened fire at Trolley Square. In all, five people were killed and four people injured before a police officer shot and killed the gunman.
According to court documents, Brown approached Vickie Walker and told her he had a “safe” and “guaranteed” investment in building storage units in Billings, Montana. Brown said several other widows were investing and they would have their money back in one year at high interest. He also said this was a way for Walker to save her home.
Walker gave Brown $250,000 but was never given the promised documentation for the investment. Instead of investing the money into storage units, investigators discovered Brown used the funds to pay for his mortgage and other personal bills. He also failed to tell Walker that he was being sued for $282,500.
“I’m grateful the case has come to an end and Mr. Brown has taken responsibility
for his actions at a time when our family was very vulnerable,” said Walker. “I’m glad justice has been served.”
Since the tragedy, Walker founded Circle the Wagons, a Utah based non-profit organization that provides survivors of violent crime, their family members and their friends with information and resources to help them recover from the trauma of their experience. She currently serves as Director and President of the organization.
The case was prosecuted by Assistant Attorney General Che Arguello and investigated by Division of Securities Investigator Jonathan Stewart. More information about Circle the Wagons can be found here: http://circle-the-wagons.org/. Brown’s booking photo can be found here:http://bit.ly/13ErPyF.
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