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Cases / Investment funds & advisory

Financial Update Inc

Algird M. Norkus

ReportedFeb 10, 2011
LocationSugar Grove, IL
Amount$9,000,000

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
Financial Update Inc
Industry
Promissory notes issued by a financial services company
Pitch & red flags
Notes paying interest of 11% to 24% per year; investors told money would fund Financial Update's business

Source

SEC official

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