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Cases / Investment funds & advisory

Jreck Subs

Christopher Swartz

ReportedSep 19, 2016
LocationWatertown, NY
Amount$25,000,000

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
Jreck Subs
Industry
Restaurant franchise ownership interests and promissory notes
How investors were recruited
Lenders and investors (130+ victims) offered equity and promissory notes
Pitch & red flags
Ownership interests in growing restaurant chains; "repayment at high interest rates"

Pitch phrases from this case

Source

U.S. Department of Justice official

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