GOLDEN– On his eighth trip to swing-state Colorado this election year, President Obama came to this scenic town in battleground Jefferson County to energize and recruit ground troops to help his campaign win the state’s nine electoral college votes, just as he did in 2008.
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The Securities and Exchange Commission announced Tuesday that it obtained an emergency court order to freeze millions of dollars in the assets of Golden, Colorado-resident Richard Dalton, who the SEC alleges has been running a Bernie Madoff-style Ponzi scheme. As head of Universal Consulting Resources LLC, Dalton allegedly told investors he was using their money as leverage to secure loans to “purchase and sell bank notes” to finance a diamond trading business. It was the kind of convoluted program that only friends and family could sell and, according to the SEC, it sold well by word of mouth alone.