Government vs the Businessman : Deseret News Article

HIGHLAND — It’s clear, just from the words he uses, that the line has been drawn in the sand.

This is a battle. A fight. This is the government versus the businessman. And while Claud “Rick” Koerber, 36, thinks it’s quite a compelling story, he said it would be more interesting if this conflict weren’t also his life.

Though he has been accused by the government of running a Ponzi scheme that bilked investors of $100 million, Koerber is undeterred. He’s not repentant because he says he’s not guilty. He believes in the money he made and the company he built. He intends to fight the battle and emerge victorious.

“The rules of the justice system are that you can fight,” he said. “It’s the fundamental thing that makes a free society more attractive. Just because the government accuses you, it doesn’t mean it’s true. I’m proud of my business. I’m proud of what we did. I think that what we did was amazing.”

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