Federal securities regulators allege that three Minnesota men who died in a February murder-suicide defrauded dozens of investors in small communities, notably Belle Plaine and Pierz.
In a civil suit filed Thursday, the U.S. Securities and Exchange Commission claimed that Spartan Trading — an unregistered investment fund — had raised over $3.7 million from 2019 to 2023, purportedly for day trading in stocks.
Spartan was founded by Richard Myre, Dale Dahmen and Dominick Dahmen. Myre, 44, shot and killed Dale Dahmen, 55, and his son Dominick, 25, in Bloomington, before turning the gun on himself.