Cases / Trading, forex & commodities
The Credit Engineers Inc.
David Joseph Varrone, Sherry Varrone
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
- The Credit Engineers Inc.
- Industry
- "Credit leasing" program purportedly tied to a hedge fund
- How investors were recruited
- Helped victims apply for high-interest short-term loans, which victims then "leased" to The Credit Engineers
- Pitch & red flags
- "guaranteed return on investments plus fully repay the loans within 36 months or less"; claimed funds went to a hedge fund
Source
U.S. Department of Justice official
Related cases · Trading, forex & commodities
All trading, forex & commodities cases →