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Cases / Trading, forex & commodities

Blackbird Capital Partners LLC

Andrew D. Kelley, Paul H. Shumway

ReportedNov 30, 2016
LocationDraper, UT
Amount$3,100,000

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
Blackbird Capital Partners LLC
Industry
Algorithmic securities and futures trading software / fund
How investors were recruited
Direct solicitation by Kelley and Shumway
Pitch & red flags
returns up to 300 percent; claimed he "spent millions of dollars and thousands of hours developing the program"; said he was "a family man and faithful member of the LDS Church"

Pitch phrases from this case

Source

deseret.com

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