Cases / Trading, forex & commodities
Carlos Maldonado
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
- Business Planning Resources International Corporation, Glorimar Fashions and Tailoring LLC, Global Business Insurance Agency Inc., Pet Card Systems Inc., Datavos Corporation
- Industry
- Investment contracts in stock/commodities trading and various businesses
- How investors were recruited
- In person, by telephone, internet and through other promoters; 100+ individuals and businesses in Puerto Rico and the continental U.S.
- Pitch & red flags
- Victims "were promised an incredible return on the investment" (FBI); claimed his companies performed "legitimate business functions"; gave victims "Investment Contracts"
Pitch phrases from this case
- “investment contracts”
- “legitimate business functions”
- “were promised an incredible return on the investment”
Source
U.S. Department of Justice official
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