Cases / Investment funds & advisory
Noble Trust Company
Colin P. Lindsey, Lisa Elliott, Jerry Vito Marino
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
- Noble Trust Company
- Industry
- Trust company / Noble Alternative Income Fund accounts
- How investors were recruited
- Customers of Noble Trust Company; firm marketing described clients as typically elderly people who depend on investment income, and nonprofits.
- Pitch & red flags
- Account holders told they "would receive annual interest payments of at least 12 percent"; quarterly statements falsely showed account values at least equal to the money originally placed.
Pitch phrases from this case
Source
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