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Men killed in Bloomington murder-suicide defrauded investors, SEC says

SEC: 3 men in Bloomington murder-suicide involved in massive fraud scheme
SEC: 3 men in Bloomington murder-suicide involved in massive fraud scheme 00:39

BLOOMINGTON, Minn. -- Federal officials allege three men who died in a double murder-suicide in February were part of a massive fraud scheme.

A lawsuit filed by the Securities and Exchange Commission accuses Richard Myre, Dale Dahmen and Dominick Dahmen of taking millions of dollars from investors in small towns via their day trading company, Spartan Trading, but never investing the money.

The three men were found dead in a Bloomington parking lot in February. Police said Myre shot the other two, who were father and son, and then himself.

According to the lawsuit, in one case, a couple lost $100,000 and had to sell their home.

The SEC wants to freeze any money left in the company's account and return it to the victims.


If you or someone you know is in emotional distress or suicidal crisis, call the National Suicide Prevention Hotline at 988 or 1-800-273-TALK (8255).

For more information about mental health care resources and support, The National Alliance on Mental Illness (NAMI) HelpLine can be reached Monday through Friday, 10 a.m.-6 p.m. ET, at 1-800-950-NAMI (6264) or email info@nami.org.

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