Parker Wilde Hit with $7.9 Million Restitution Order in Utah Amazon eCommerce Fraud Ruling
Who Is Parker Wilde?
Parker Wilde, a Brigham Young University graduate 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 two-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.
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.
Bank records showed Wilde spent funds on personal cryptocurrency investments and debt repayment. (abc4.com)
What Did the Court Rule on December 18, 2025?
Utah’s 4th District Court approved a stipulated judgment against Wilde.
He must pay restitution up to $7.9 million, with roughly $3.9 million stayed if he complies with terms and proves inability to pay the full amount.
The ruling permanently bars him from money-making programs, telemarketing, and selling business opportunities in Utah.
Wilde admitted violations 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. (dcp.utah.gov)
What Is the Latest on the Case as of December 21, 2025?
The December 18, 2025, judgment remains the most recent action. No reports indicate appeals or restitution payments yet.
Wilde has not provided public comments on the ruling. (ksl.com)
