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Cases / Investment funds & advisory

C.A. Pedersen Client Investment Pool

Carol Ann Pedersen

ReportedMar 20, 2019
LocationLong Beach, CA
Amount$29,000,000

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
C.A. Pedersen Client Investment Pool
Industry
Purported federally guaranteed securities / stock portfolio pool
How investors were recruited
Accounting clients of her CPA firm and close friends
Pitch & red flags
Promised returns "typically greater than 8%" in "federally guaranteed" securities; claimed pool "owned a large and diverse stock portfolio"; fabricated statements

Pitch phrases from this case

Source

SEC official

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