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Cases / Trading, forex & commodities

Baycap.io

Austin D. Ellison-Meade

ReportedJan 24, 2023
LocationSan Francisco, CA
Amount$2,800,000

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
Baycap.io
Industry
Investment club / algorithmic stock trading
Pitch & red flags
Claimed a "proprietary algorithm" that could "accurately predict stocks that were poised for growth"; funds "readily available upon request"; 2% upfront fee and 20% quarterly fee on profits

Pitch phrases from this case

Source

SEC official

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