Cases / Investment funds & advisory
Earl Jones Consultant and Administration Corporation
Bertram Earl Jones
ReportedJul 13, 2009
LocationMontreal, Canada
Amount$43,500,000
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- Company / entity
- Earl Jones Consultant and Administration Corporation
- Industry
- Unregistered investment advisory
- How investors were recruited
- Montreal's English-speaking community network, referrals among friends and family; targeted elderly clients and widows, leaning on lawyers, notaries and mortgage brokers.
- Pitch & red flags
- Promised modest, steady returns of about 8% a year; presented as a "trusted family advisor for decades".