BLOOMINGTON, Minn — When three men were found dead in a pickup truck in a Bloomington parking lot in February, it took just days for police to piece together what happened, with the help of surveillance video.
Chief Booker Hodges said Richard Myre met in the truck with Dale Dahmen and his son Dominick for an hour and a half before shooting Dale. Then Myre struggled with Dominick and shot him seven times before turning the gun on himself.
"That is the 'what' happened. The 'why'...we are still trying to figure that out," Hodges said in February.
Now, documents filed in federal court allege the three men were running an investment fraud scheme that raised $3.7 million from dozens of Minnesota investors and put $1.9 million of that money into their own pockets.
According to the U.S. Securities and Exchange Commission, "Spartan Trading Company" — run by Myre and the Dahmens — was unregistered and signed up investors on the premise of pooled day trading.
But the feds say Spartan Trading was a sham and Myre gave investors phony "profit" checks and phony accounting records that showed consistently positive monthly returns in order to keep the investors.
According to police and the SEC, Myre and the Dahmens met on that fateful day to discuss trading activity and organizational structure, but it turned into Myre committing a murder-suicide.
"Regardless of the circumstances surrounding it, it's a tragedy," Hodges said in February.
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