Dr. Marshall Gibbs – Did He Shoot Someone? The Truth Exposed (2024)

Dr. Marshall Gibbs claims that he is more than simply a visionary dentist who also invests in real estate and serves as a life coach for dentists. He is a driven individual who has a true passion for dentistry and for giving patients and team members outstanding care and experiences.

His dedication to the company’s fundamental beliefs and mission as the founder and CEO of Mint Condition Dental, an Inc 5000 business with four sites in Cheney, Colfax, Pullman, and Liberty Lake, shows his enthusiasm for dentistry. In Culdesac, Idaho, Dr. Marshall Gibbs grew up on a cattle ranch and dryland farm.

The driven and passionate professional Dr. Marshall Gibbs is deeply committed to achieving excellence in whatever he does. He has a strong desire to improve the lives of people and is well-known for his unshakable commitment to his work.

When it comes to turning poor investments into profitable ones, Dr. Marshall Gibbs has experience doing it. In the first year of ownership, Dr. Marshall Gibbs has effectively increased hospitality-based enterprises by 33%.

When deputies arrived, the owner of an empty house contacted them to report a burglary and was then jailed for shooting a gun.

A man was arrested after he fired his gun at police while they were investigating a probable burglary at a vacant home that belonged to him. The guy had contacted the Spokane County Sheriff’s deputies to report the incident.

According to the Spokane County Sheriff’s Office, a man called detectives on Tuesday night and claimed that he had seen someone roaming around his empty house on surveillance footage. In the 4500 block of West Thorpe Road, development on the house is ongoing.

When he passed his house, Dr. Marshall Gibbs admitted to investigators that he felt uneasy stopping until the sheriff’s deputies arrived. The sheriff’s office claims that they have addressed this issue, which has persisted.

According to the sheriff’s office, deputies pulled up to the home’s front porch in marked patrol cars and full uniforms. Deputies said that when they started to investigate, they noticed a vehicle approaching and blasting its horn repeatedly.

The vehicle continued to the front of the house, where “a deputy shone his flashlight at it,” according to a sheriff’s office news release. Get the (expletive) out of here! shouted a male (Dr. Marshall Gibbs) out loud, followed by two pistol shots.

One deputy said that after hearing the gunfire and seeing the muzzle flashes, he felt threatened and ran for shelter. After that, the truck sped off.

After a pursuit by deputies, Dr. Marshall Gibbs exited the truck and was taken into custody.

According to the sheriff’s office, Dr. Marshall Gibbs consented to be questioned and allowed deputies to take two firearms from his pickup. Evidence of one of them being discharged was present.

According to the news release, Dr. Marshall Gibbs “explained that as he drove around the neighborhood, his wife called him to say there were subjects at the property breaking into the house.” 

Dr. Marshall Gibbs decided to approach the crowd by driving up, blaring his horn, and shouting. To scare off the intruders he thought were breaking into the house, Dr. Marshall Gibbs did admit to firing two bullets into the air with the Taurus. Dr. Marshall Gibbs panicked as soon as he saw the marked cop cars parked on the side of the road after firing the two rounds. He sped off not knowing what to do.

According to the sheriff’s office, Dr. Marshall Gibbs had a concealed firearm permit that had expired, and he was not allowed to keep a loaded handgun in his automobile.

For a first-degree attempted assault, a drive-by shooting, reckless endangerment, and illegally carrying a gun, he was lodged in jail.

Mormons were taken advantage of by a supposedly $500 million Ponzi fraud. FBI gunfire was used to close it.

A lawyer in Las Vegas is charged with committing a financial scheme that claimed hundreds of victims. The lawyer has enormous gaming debts.

At 1:25 pm, the FBI arrived at the single residence on this section of Ruffian Road, arriving in front of the $1.6 million home that was surrounded by barren patches of scrub and dust.

The three agents walked up to the home’s perimeter and pressed the camera-equipped doorbell once. They then pushed through an unlocked gate, across the courtyard, and banged on Matthew Beasley’s house’s glass French doors.

The 49-year-old Las Vegas lawyer said to the FBI hostage negotiator that he had been looking forward to this visit for months. He had already started writing letters to his wife and four kids, telling them how much he loved them and explaining what he could.

Beasley understood his time was up on this particular March Thursday. He put the letters upstairs on the desk in his office, along with a message addressed to the FBI and a zip drive with data. He then proceeded to the front door by himself inside the home. He stopped, the door frame covering the left half of his torso.

One of the agents unzipped his suit jacket and revealed his badge, going by the name “J.M.” in a thorough criminal complaint submitted on March 4 to the U.S. District Court of Nevada.

Beasley entered the doorway fully. He kept a loaded gun close to his head.

J.M. screamed, “Easy, easy.”

Another agent said, “Drop the gun.”

Authorities have long suspected Beasley of operating a massive Ponzi scheme, mostly targeting Mormons (as members of the Church of Jesus Christ of Latter-day Saints are known), alongside his business partner Jeffrey Judd. According to the investment’s sales pitch, lending money to slip-and-fall victims who were waiting on cheques from the settlement of their claims represented a nearly risk-free potential to earn annual returns of 50%.

The Securities and Exchange Commission claimed in a civil complaint that there was just one issue. Everything was fake.

According to the SEC, Beasley and Judd ran a traditional Ponzi scheme for five years by using money from new consumers to pay off current investors. Investors lost billions of dollars as a result of the most infamous scam of this kind, which was perpetrated by Wall Street financial expert Bernie Madoff. In contrast, one analyst claimed that the alleged Vegas scam stood out more for its victims than for its scale, earning the nickname “Mormon Ponzi scheme.”

Between 2017 and 2022, more than 900 persons made investments totaling an estimated $500 million. Surgeons, property developers, Mormon bishops, pensioners, and stay-at-home mothers were among them. According to a class action complaint filed in July against Wells Fargo, where Beasley had an attorney trust account to keep and distribute client money, money streamed in from as far away as Singapore, Taiwan, and Australia. (The bank has asked for the action to be dismissed and denies any wrongdoing.)

According to more than two dozen investor interviews conducted by The Washington Post, some people depleted their retirement accounts, while others obtained a second mortgage on their home.

“They’ve destroyed a lot of people’s entire lives,” said Greg Hart, 81, a retired businessman who lives in Buckeye, Arizona, and worries that he could have to put his house up for sale. About $2.2 million, or 95% of our funds, were invested in it. This has been awful in every way possible.

Beasley, who admitted repeatedly during his battle with the FBI that he was operating a Ponzi scheme, and Judd, who has denied willfully deceiving anyone, accumulated wealth in the meanwhile. According to allegations from the court-appointed receiver, who has recouped nearly $90 million in investor cash by selling those assets, they purchased high-end cars, a private jet, cryptocurrency, and multimillion-dollar residences in California, Nevada, and Utah.

The day before the FBI showed up at Beasley’s door, they had raided Judd’s $6.6 million estate perched on a mountaintop with views of the Las Vegas Strip. There, just one day before his daughter, 21, was married, investigators allegedly seized Judd’s computers, telephones, more than a half-dozen pricey watches, hundreds of silver and gold coins, and about $400,000 in cash.

At 12:07 p.m., a coworker texted Beasley, “The sad thing is he has all of his family in town for that big wedding.”

Three minutes later, Beasley said, “Really surprised they haven’t come to me.

Then came his mansion, nevertheless.

Beasley later claimed in an interview with The Post that he pointed the weapon downward while the FBI agents yelled orders at him.

Beasley stated that he was following the instructions given to him by the three agents and that “I never pointed my gun anywhere except for my head.” However, the FBI continues to assert in its criminal complaint that he pointed the handgun at the agents. Beasley was shot in the chest and shoulder by at least one who started fire.

He withdrew into his house and wouldn’t come out while the FBI set up a SWAT team and started recording its conversations with him. Beasley continually threatened to commit suicide, claiming that he didn’t want to go to prison, despite the hostage negotiator’s best efforts to get him to get medical attention.

“I f—ed this up,” Beasley provided the FBI with the information, and they added transcripts of the discussions to the court file. I’m not even referring to today. My worst choice for the day was not even close to this. My worst choices came a long time ago.

Then the line became silent. Beasley had dropped his smartphone, which was covered in his blood, while he was hunched over on the ground with the pistol lying on his chest.

RealFortunatebe a part of it

On March 3, Ann Mabeus’ iPhone started buzzing with notifications while she was inside a Starbucks. After that, a call came in.

“Ann,” her buddy said to the 42-year-old single mother. Do you understand that the Humphries’ home is currently being searched?

Additionally, the FBI was carrying out a search warrant at Chris Humphries’ residence.

Mabeus shuddered. She had invested most of her money in the same investment that Humphries, who has maintained his innocence and asked for the SEC charge against him to be dismissed, was a marketer of.

Even though they were friends and attended the same Mormon church, Mabeus and her hu,s ultimately made investments through Shane Jager, a marketer and the 47-year-old owner of a pest management business.

The four children of Jager were roughly the same age as the Mabeus children. He earned fees by recruiting investors, like more than a dozen other marketers of the investment, but he claims Beasley deceived him in an SEC filing and denies willfully defrauding anyone.

Everyone referred to the enterprise as J&J, a play on the names of two Jeff Judd-founded LLCs: J&J Consulting Services and J&J Purchasing.

During a trip to Mexico with her partner, Jager had informed Mabeus about the chance to earn money in August 2019, she claimed. She was honored to be mentioned.

Mabeus stated, “We were a little worried, but we trusted him. The red flags were heart-shaped because we were close friends and members of the same church. I thought, “Wow. We are extremely fortunate to be a part of this investment.

She and her spouse wired more than $140,000 the following month. The initial interest payment of $18,000 arrived on time and in full ninety days later. According to her, the pair kept adding funds until they had $680,000 in total.

There was never a hitch, according to Mabeus. “My close friends and my bishop were invested and involved. Several people received orders to remain silent.

Mabeus consented to accept the investment as alimony when she and her husband, a former Major League Baseball pitcher who worked for a medical device business, split in June 2021. She intended to support herself by staying at home with her daughter and her three kids using the dividends and child support payments. She had taught elementary school before, but it had been 13 years.

Mabeus then hung up the phone in shock.

She made a call to Jager. No response.

News is getting around like wildfire, Mabeus recalled. They are texting constantly. Nobody is receiving replies.

Perhaps it was just a big mistake, she reasoned. When the quarterly interest payment was supposed to arrive in her bank account the following day, she reassured herself that she would know for sure then.

But the money wasn’t there on Friday. Mabeus realized her savings were all gone.

Men’s Investment Club

The gaming debts owed by Matt Beasley were growing.

He admitted to the FBI that he was a serious sports bettor and that by late 2016, he had given his bookie the final $40,000 he had. He claimed that he felt under pressure to provide more, so he decided to have lunch with his buddy and former customer Judd.

Beasley’s journey to becoming a lawyer in Las Vegas had been bumpy.

The younger of two children, he grew raised in the Kansas City region. According to a psychological assessment sought by his attorney and placed into the court record, after his parent’s divorce, he hardly ever saw his father, a union electrician who went on to get married four more times. Unmoored, it took Beasley ten years to complete his undergraduate studies. He eventually graduated from Park University in Missouri with a degree in finance and management.

After earning his law degree from the University of Missouri-Kansas City in 2004, he relocated to Las Vegas. He said to The Post during three brief phone calls and a string of written letters that he chose it because he hadn’t truly traveled anywhere.

Beasley was not a Mormon, unlike Judd. During their shared boys’ soccer games, the two men came to know one another.

We grew close, Beasley told The Washington Post, and I later had the opportunity to represent him in a few pharmacy matters.

While his wife, Jennifer, stayed at home to care for their two kids and two girls, Judd, a native of Las Vegas, dabbled in real estate and pharmaceutical sales.

Beasley shared a potential investment possibility with Judd during lunch: bridging loans for slip-and-fall victims awaiting settlements.

Beasley told the FBI, “I presented it as this type of agreement relating to lawsuits.

Beasley informed Judd in an email dated October 6, 2016, which The Post has seen, that he had a client who “wants a $50k loan which would pay back $60k within 45 days.”

Someone with knowledge of Judd’s involvement, who went on the record under the condition of anonymity for legal concerns, stated that Judd “felt it was a genuine investment.”

Yeah, this is a good concept, Judd had remarked, Beasley remembered. “Do you know of any additional lawyers so we can expand this?”

Beasley told the FBI that he used the money that was coming into his attorney trust account to settle his gambling bills. Overall, SEC forensic accounting would indicate that Beasley sent his bookie more than $6.7 million.

Beasley eventually admitted to the FBI, “I understood there’s no turning back. I kept coming up with new attorney’s agreements as more people expressed interest in joining Jeff’s group. According to Beasley, he has never actually spoken to other lawyers.

Judd didn’t realize it was a Ponzi scam, he insisted to the FBI.

Judd got at least $315 million from the alleged scheme, according to an SEC complaint filed against him in April. According to the regulatory body, Judd either “knew or was careless in not understanding… the firm was a fraud.”

According to SEC attorneys in a court filing from July, Judd declined when requested to provide documentation confirming his position as a “victim,” “asserting his ‘Fifth Amendment privilege against self-incrimination,'” they wrote.

Judd’s criminal defense lawyer, Nick Oberheiden, disputed the SEC’s description of Judd in an email, blaming Beasley for the alleged fraud and asserting that “legal phrases like ‘knowing’ and ‘intent’ are sophisticated, technical, and sausage-like: few know what’s within.”

The men’s lifestyles evolved as the organization grew. Beasley purchased a home in South Lake Tahoe, California, for $3.8 million. According to a list of forfeited and seized property submitted in court, he purchased a $750,000 RV, a $250,000 boat, a $240,000 Bentley Continental, and two $25,000 Jet Skis.

Judd, who is now 50, bought a 6,330-square-foot house in the Ascaya gated neighborhood, which is also home to Kiss rocker Gene Simmons and Las Vegas Raiders owner Mark Davis. He operated a $400,000 Rolls-Royce Dawn convertible and a $650,000 Rolls-Royce Black Badge Cullinan.

In April 2021, Judd texted a buddy, referring to the new Porsche he intended to add to his fleet of vehicles, “I have the illness.”

The SEC observed that Judd referred to the transaction as “an illegal business” in a text conversation from October 2020. The SEC claimed that he also informed prospective investors that he had spoken with the attorneys Beasley was dealing with, even though Beasley claimed he had never contacted any, and that he had viewed the personal injury settlements and bank records.

The individual who was aware of Judd’s involvement described that claim as “an overstatement” devoid of any solid supporting data. Additionally, he denied that Judd was the creator of nondisclosure agreements that forbade clients from contacting the personal injury attorneys listed on their investment contracts and that forbade them from contacting any parties “without the written consent of Jeffrey Judd.” These claims were made by the SEC.

The source acquainted with Judd’s involvement claimed that Beasley “made justifications for the necessity to have these” and that Judd had no cause to object.

Hundreds of investors were getting their dividend payments on time despite the warning signs, and word was getting out.

Dr. Marshall Gibbs, 37, of Cheney, Washington, claimed that marketer Jason Jongeward had called it a “gentleman’s investing club.” In his SEC filings, Jongeward has adamantly denied knowingly defrauding anyone.

We struck up a conversation, and he mentioned, “We have this investment. As a result, my wife and I will be able to retire early. We simply feel very fortunate,” Dr. Marshall Gibbs added. “I had considerable doubts, but he said his family was involved. That only served to motivate me to add more.

According to Dr. Marshall Gibbs, he ultimately invested $940,000.

According to court records, the SEC has been looking into J&J since at least December 2020 after a Salt Lake City lawyer got concerned about a friend’s investment papers and reported it.

Suddenly, those same contracts began arriving on the desk of a Washington state accountant.

The accountant, who spoke anonymously due to the inquiry, stated, “I started panicking because I realized there were five clients already involved in this thing, potentially blowing their money.”

He decided to contact an investing company situated in New York City that specialized in uncovering fraud.

He shared the email he sent to Hindenburg Research on January 11, 2022, with The Post, in which he complained that “so many of the details look incorrect.” I don’t want to waste your time, but I am worried that a variety of people, including small firms and individuals, stand to lose tens of millions of dollars.

The accountant reasoned that if anyone could assist, it would be this group. The individuals at Hindenburg had earned the moniker “Ponzi hunters” in some circles.

“Ridiculous assertions”

They would require a private aircraft.

Nate Anderson, the founder of Hindenburg Research, had learned about J&J a month prior, and his company had secretly taped phone calls with Jongeward, who would subsequently claim to the SEC that he was “just trying to aid my family and friends.”

During a call with Hindenburg Research, Jongeward had stated, really, truly struggled to identify the risk.” “I believe that’s likely the reason the performance has been — I’ll call it exquisite,” the speaker said.

The whistleblower who attempted to alert the SEC about Bernie Madoff once worked with Anderson, 38, who claimed to have immediately recognized the telltale symptoms of a Ponzi scheme. Anderson said an online search revealed neither Judd nor Beasley had liens registered on them, which, in a legitimate venture, would have insured legal action in the event the slip-and-fall victims failed to repay their loans.

The investment didn’t even have a webpage. It was an affinity scam that was passed about by word of mouth and depended on the confidence that comes from a shared religious affiliation.

The rationale, according to Anderson, “was that it was such a wonderful scheme that they needed to keep it as quiet as possible.” “Litigation financing is a highly specialized and competitive industry. Yet, they asserted that they could produce five times the returns of everyone else in the sector with essentially little risk and no defaults. It didn’t take long to recognize that this was most certainly a full-blown Ponzi scheme. The difficult part was demonstrating it.

Hindenburg would provide whatever evidence it obtained to law enforcement, guaranteeing that it would be eligible for a government-funded whistleblower payment. The group might stand to reap up to 30% of any fines collected under the SEC’s program, which could amount to millions of dollars.

Judd had to do the same presentation as entry-level marketers, and the company intended to record it. That would need to be something showy to draw him in.

One of Anderson’s coworkers was aware of the ideal bait: Mark Holt, a Salt Lake City businessman with ties to Judd and a private aviation company.

Mormon Holt had gone to Las Vegas’ Bonanza High School with Judd. The two males had more than 40 friends in common on Facebook. Judd had dated the same lady Holt’s ex-fiancee who volunteered to assist by taking on the persona of a “whale,” a wealthy businessman looking for opportunities to invest big quantities of money, in this case, $50 million.

When Holt gave money to a man who promised a 25% interest payment if the price of Canadian oil remained over $30 a barrel, he was cheated ten years earlier. Holt decided to invite his mother inside when his return came. He claimed that the man vanished not long after she had invested a sizable portion of her funds.

Now, a pitch meeting to reveal J&J as a Ponzi scam would take place on one of Holt’s private jets.

On February 17, Holt landed at Henderson Executive Airport in Nevada with a whistleblower from Hindenburg Research who was only known as “Mike” in recordings provided to the FBI and SEC. At the airport, a parked plane had been outfitted with surveillance technology. A water bottle, a tissue box, and a bowl of mints all contained cameras. The lights in the ceiling of the plane had audio equipment installed.

Jongeward and Jager, two marketers, were welcomed on board. Although Holt assumed that their shared history and the plane would be enough to secure a subsequent phone contact, Judd didn’t typically make opening pitches like this.

The men sought to get Holt to invest while they talked about their Mormon faith over chicken salads and sandwiches. Holt, a veteran improv comic, portrayed the role; he was, in his words, “mainly thrilled,” “a little bit wary,” and “credulous enough.”

The 48-year-old Holt informed the marketers, “I’ve heard some fairly outlandish statements as far as returns go. “Thus it appears to be… unreal. So maybe you people can help me comprehend and mentally process it.

“When I initially heard about it, I thought it was too wonderful to be true, and it took me a while to believe it,” Jager said. To get off the fence and invest some money, it will take roughly six months. Today, almost five years later, it still doesn’t miss a beat. It largely involves friends and family.

Holt stated that he was still unsure. He first desired to speak with Judd.

On February 24, one week later, they spoke over the phone.

Jager joined the conference call and said, “Jeff lives up on the mountain,” his voice tinny. And cell reception can be spotty at times.

Holt replied, “All right. “Awesome. Okay. So, this is the Jeff Judd.

Jeff Judd laughed and said, “Jeff Judd from way back.”

They took a few minutes to catch up on everything that had happened since they graduated from Bonanza High, including how Holt had been assigned to Portugal while Judd had been sent on a mission trip to Chile. How Holt had a 1-year-old at home and was expecting a second child, while Judd’s 23-year-old son played professional soccer for the LA Galaxy. After that, they started working.

Having “$475 million under management,” Judd declared.

Because of the excellent returns, many people’s lives have been changed, according to Judd. “I didn’t do that out of greed. We pay a big proportion, after all. I so reasoned, “It’s not my money.” I’m going to profit from every transaction. Why then wouldn’t I pay a big percentage? Hence, that is how we configured it.

Judd touched the same notes of low risk, and great profit as Jongeward and Jager. Holt pretended to consider it. He indicated he was thinking about making a $2 million initial investment.

Judd concurred that there would be no issue.

The FBI showed up at Judd’s door within a week. They eventually arrived at Beasley’s.

Hello, Dad.

The FBI negotiator was unable to convince Beasley to turn himself up.

The 22-year-old son of Beasley joined the effort to break the stalemate, which had been going on for four hours. Beasley refused to listen to the message he had recorded for his father.

He fingered the loaded revolver while crouched in the foyer, the floor covered in shards of front door glass. He informed the FBI that he had purchased the gun just before the birth of his son so that he could always defend him.

Beasley wasn’t certain he could stand up right now. He was in shock and had lost a lot of blood. He admitted to the mediator that he was unable to face his family.

The mediator said, “Your son is still here.” “He will not depart. Want to hear his story?

Beasley finally consented. Hey, Dad, it’s me, he heard his son’s voice on the other end of the phone. We’re outside, waiting for you. I need you to come out because I love you. Things will work out for the best.

Outside, it was now pitch black. The SWAT team was ultimately instructed to enter and drag Beasley out in handcuffs after floodlights were pointed at the home.

Before being charged with assault on a federal officer, he was brought to the hospital.

He has since been detained at the Nevada Southern Correctional Facility in Pahrump, which is located in a wind-swept area of high desert roughly 60 miles west of Las Vegas.

Nobody else, including Judd, Humphries, Jager, and Jongeward, has been charged with a crime.

According to Trisha Young, a spokeswoman for the U.S. attorney’s office in Las Vegas, “We do not comment on potential charges.”

Beasley stated in an interview with The Post that he anticipates additional charges.

Beasley claimed that “almost everything concerning the shooting has been misrepresented.” “Because the only charges I face are those associated with the shooting, I guess I don’t mind being the sole person behind bars. I anticipate that I won’t be the only one once charges regarding the alleged financial crimes are announced. Simply put, it is unreasonable to believe otherwise.

On March 8, during Beasley’s first court appearance, his lawyer requested that he be released from custody, claiming that the FBI standoff was the result of a “one-time intense emotional crisis.”

Tony Lopez, the head of the white-collar crime division at the Las Vegas U.S. attorney’s office, disagreed.

Lopez explained to the judge that the defendant spent four hours hiding out in his home before the FBI had to take him out due to a nine-figure Ponzi scheme. He was prepared to commit suicide rather than take responsibility for his deeds.

Hundreds of individuals around the nation, including Beasley’s own loved ones, were suffering as a result of those activities.

Beasley’s wife filed for divorce a little more than three weeks after the FBI raid. She left the Ruffian Road home that had been seized together with other assets worth millions of dollars to pay back investors.

Beasley’s lawyer testified in court that his wife had taken a job working from 5 a.m. to 1:30 p.m., Sunday through Thursday, to support their two younger sons. Meanwhile, his eldest son, who earlier listed his father as his greatest hero on his soccer team biography for his university, had dropped out of college to assist at home.

Dr. Marshall Gibbs – Did He Shoot Someone? The Truth Exposed (2024)

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