Parker Wilde Hit With $7.9M Judgment and Permanent Utah Ban Over Amazon FBA “Passive Income” Scam
Who Is Parker Wilde?
Parker Wilde, a Brigham Young University graduate and former LDS missionary from Utah County, operated several companies from 2020 to 2023. These included Private Label Accelerator under PJW Profit Ventures LLC, Passive Ecom Ventures LLC, ZIGI LLC, and FBA 3.0 Unfair Advantage.
He sold “done-for-you” Amazon Fulfilled by Amazon (FBA) stores promising passive income. (dcp.utah.gov)
How Did Wilde Sell His Amazon Store Service?
Wilde contacted prospects mainly through LinkedIn messages. Clients paid a consulting fee ranging from $5,000 to $20,000 upfront.
They also paid $7,000 to $10,000 per product type for inventory costs.
Wilde promised $2,500 to $7,200 or more in monthly passive profits starting after 60 days. He claimed his team would manage the entire operation. A money-back guarantee covered full refunds if no profits appeared in 12 months.
Many clients trusted him due to shared church or community connections. (ksl.com)
What Did the State Investigation Find?
A multi-year probe by the Utah Division of Consumer Protection identified over 200 victims, with losses totaling about $7.9 million. Initial complaints estimated up to $9.2 million, and roughly 56 consumers formally reported Wilde to the Division.
No victim received a profitable store. Many got no store or product listings at all. Refunds never materialized. Some victims reported unauthorized credit card charges.
Investigators also documented that they had put Wilde on notice well before the case went public. In November 2023, a Division investigator contacted him to open an inquiry, and in January 2024 explained that he had violated Utah’s Business Opportunity Disclosure Act (BODA), walking him through exactly how to come into compliance over a series of calls — guidance the Division says went unheeded.
Bank records showed Wilde spent most of the consumers’ funds on personal cryptocurrency purchases and on paying down his own credit card debt. (abc4.com)
What Did the Court Rule on December 18, 2025?
Utah’s 4th District Court approved a stipulated judgment against Wilde roughly 10 months after the Division filed its complaint in February 2025.
He must pay restitution of up to $7.9 million, with roughly $3.9 million stayed if he complies with the order’s terms and proves an inability to pay the full amount. Because Wilde said he had already spent the money, the judgment is structured to be paid in installments, with funds to be collected and distributed to the consumers who reported him.
The stipulated order also imposes a permanent injunction barring him from money-making programs, telemarketing, and selling business opportunities in Utah, and places him under three years of compliance monitoring.
Wilde admitted the violations — including violating the Consumer Sales Practice Act by making or allowing false representations that consumers relied upon — without contesting the case. (dcp.utah.gov)
What Did Katherine Hass Say About the Outcome?
Katherine Hass, Director of the Utah Division of Consumer Protection, stated:
“This is a monumental win for the Division and, more importantly, for the consumers Parker Wilde deceived. The substantial award sends a clear warning to anyone considering similar deceptive practices in Utah. We will hold those who violate the trust of Utahns fully accountable.”
Hass highlighted the added betrayal for victims who knew Wilde personally, and noted that collecting and distributing the money to the 56 consumers who reported him would take time precisely because Wilde claimed the funds were already gone. (dcp.utah.gov)
Case Status
The December 18, 2025 stipulated judgment remains the most recent action in the case. As of the latest available reporting, there are no public records of appeals or of restitution payments having been made, and Wilde has not provided public comments on the ruling. (ksl.com)
