Businessman dismissed from Utah fraud lawsuit

Published July 21, 2014 11:19 am
This is an archived article that was published on sltrib.com in 2014, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.

A Connecticut businessman has been dismissed out of a lawsuit by a group of people who claim they were defrauded when they were convinced to invest in drilling oil and gas wells.

Jonathan Feldman of Greenwich, Conn., owner of Patriot Exploration LLC and Millennium LLC, was dismissed from the 3rd District Court lawsuit. The investors signed a statement saying an investigation had shown Feldman did not misappropriate funds as they had alleged in the 2012 lawsuit.

The investors are continuing to pursue their suit against Richard Bloomfield, an Alpine CPA.

The investors claim they were defrauded of $5.3 million that was supposed to go into drilling oil and gas wells but instead was used for other things, including another investment that lost millions of dollars.


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