Cases / Investment funds & advisory
ASM Financial Funding Corporation
Andrew S. Mackey, Inger L. Jensen
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
- ASM Financial Funding Corporation
- Industry
- "Wealth Enhancement Club" investment program based on purported trade proceeds
- How investors were recruited
- Paid commissions to brokers ("intermediaries") who recruited investors by repeating the defendants' promises; about 150 investors
- Pitch & red flags
- Promised "up to 20 percent interest per month" from purported "trade proceeds"; marketed to "a small and select group of sophisticated investors"
Pitch phrases from this case
- “a small and select group of sophisticated investors”
- “trade proceeds”
- “up to 20 percent interest per month”
Source
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