US EditionSouthern Utah Sentenced to Three Years in Prison After Defrauding Investors Millions of Dollars
Brian Garry Sewell was ordered to pay $3.8 million in restitution after defrauding 17 investors and running an unlicensed cash-to-crypto business that aided criminal clients.
- Brian Garry Sewell, 54, was sentenced to 36 months imprisonment followed by three years of supervised release for wire fraud and running an unlicensed crypto business.
- Between December 2017 and April 2024, Sewell obtained money from at least 17 investors by lying about his experience and promising large returns, and from March to September 2020 he ran Rockwell Capital Management as an unlicensed money-transmitting business.
- Federal filings show he converted more than $5.4 million into cryptocurrency while charging transaction fees and operating without federal anti-money-laundering registration and reporting requirements.
- U.S. District Court Judge Ann Marie McIff Allen ordered $3,822,909 in total restitution, and IRS-CI Phoenix Field Office Acting Special Agent in Charge Jarom Gregory said the sentence ends a multi-million-dollar fraud scheme.
- The case arrives amid expanding crypto-related crime as Chainalysis reported illicit cryptocurrency addresses received $154 billion in 2025, a 162% increase from $57.2 billion in 2024.
15 Articles
15 Articles
Utah man jailed for 3 years for $2.9M crypto wire fraud, unlicensed cash-to-crypto operation
The U.S. Attorney’s Office said the scheme ran for years and included bulk cash conversions into cryptocurrency tied to third parties involved in fraud and drug trafficking.
Southern Utah sentenced to three years in prison after defrauding investors millions of dollars
A southern Utah man has been sentenced to 36 months imprisonment after pleading guilty to wire fraud, costing investors nearly three million dollars.Brian Garry Sewell, 54, will then face 36 months of supervised release after imprisonment. Sewell had already faced 36 months of imprisonment and 36 months of supervised release in a separate case that involved converting the bulk cash into cryptocurrency.The two sentences will be served concurrentl…
Utah Man Gets 3 Years of Prison Sentence for $2.9M Crypto Investor Fraud
Utah entrepreneur Brian Sewell incurred over $2.9M loss for 17 investors. He was sentenced to 3 years in federal prison for wire fraud involving unlicensed cryptocurrency transactions. Through an unlicensed cash-to-crypto service, he also moved nearly $5.4 million. Southern Utah entrepreneur Brian Garry Sewell was sentenced to three years in federal prison on Januray 15, 2026, U.S. Attorney’s Office for the District of Utah. Prosecutors tied him…
American Sentenced to Three Years for Crypto-Linked Fraud and Illegal Money Transfers
For years, Brian Garry Sewell cultivated the image of a well-educated investment professional, presenting himself as the manager of a successful hedge fund and claiming academic credentials from elite universities. That narrative proved convincing enough to attract money from multiple investors, many of whom believed they were placing funds into a legitimate, professionally run strategy. Key Takeaways A Utah man was sentenced to three years in …
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