KANSAS CITY – A temporary restraining order has been granted against a Lee’s Summit man, alleging that he operated an ongoing investment scheme that defrauded millions of dollars from victims.
According to the motion and accompanying court documents, Trevor Uhls, 29, operated a Ponzi scheme that fraudulently obtained more than $2.1 million from individual investors through false and misleading representations, according to the United State's Attorney's office.
Investor funds were allegedly misappropriated for Uhls’ personal benefit, resulting in substantial financial losses to his victims. This is one of many federal fraud cases pursued under the leadership of President Donald Trump and through the establishment of the Task Force to Eliminate Fraud.
According to court documents, Uhls’ fraudulent activity involved promissory note contracts guaranteeing investors a 10–15% return on their principal investment after 30, 60, or 90 days. Investors could elect to leave their funds invested and receive monthly interest payments. The average investor received only a few interest payments, if any. In addition, multiple investors have been unable to recover any of their principal investment or accrued interest.