Cases / Lending & cash advance
Ideal Financial Services Inc, Ideal Financial Holdings
Barbara A. Hirshfield
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
- Ideal Financial Services Inc, Ideal Financial Holdings
- Industry
- Promissory notes tied to a motor vehicle and small loan business
- How investors were recruited
- Sale of promissory notes; later "emails offering increasingly high rates of return"
- Pitch & red flags
- "guaranteed investors high rates of returns"; concealed MA Division of Banks fundraising ban (2012) and license revocation (2014)
Pitch phrases from this case
Source
U.S. Department of Justice official
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