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Cases / Crypto & digital assets

Roaring Investments Inc

Alexander S. Rowland

ReportedOct 13, 2020
LocationPenns Grove, NJ
Amount$2,139,000

This entry summarizes public reporting and government filings. Charges and civil complaints are allegations unless a court has entered a conviction or judgment — check the source for the current status.

Company / entity
Roaring Investments Inc
Industry
Stocks and cryptocurrency investing (unlicensed adviser)
How investors were recruited
Direct solicitation of potential investors; continued after an Aug 2018 Pennsylvania cease-and-desist letter
Pitch & red flags
Promised "a minimum rate of return of 25%, with potential returns of 50% or higher"; fake website and account statements

Pitch phrases from this case

Source

U.S. Department of Justice official

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