Financial Assurance Corp, Affluent Advisory Group LLC
Darayl Davis
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
- Financial Assurance Corp, Affluent Advisory Group LLC
- Industry
- Fixed-interest investments / purported insurance products
- How investors were recruited
- Fellow church members, existing clients, and "friends" offered an inside investment opportunity
- Pitch & red flags
- "fixed annual interest payments and guaranteed protection against losses"; claimed tie to "a well-known multinational life insurance company"
Pitch phrases from this case
- “a well-known multinational life insurance company”
- “fixed annual interest payments and guaranteed protection against losses”
Source
U.S. Department of Justice official