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Cases / Trading, forex & commodities

Ruskjer & Associates

David E. Ruskjer

ReportedMay 29, 2009
LocationKoloa, HI
Amount$16,000,000

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
Ruskjer & Associates
Industry
Options trading fund (unregistered promissory notes)
How investors were recruited
About 140 investors, mostly on Kauai
Pitch & red flags
Claimed a "safe and non-speculative options trading strategy" with monthly net profit of 5 to 5.5 percent; promised monthly returns of 3-5 percent

Pitch phrases from this case

Source

SEC official

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