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Cases / Investment funds & advisory

Financial Solutions, Gentech Fabrication Inc

David Lincoln Johnson

ReportedJun 5, 2009
LocationLoma Linda, CA
Amount$23,000,000

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
Financial Solutions, Gentech Fabrication Inc
Industry
Investment contracts tied to a metal fabrication business
How investors were recruited
Sales personnel at Financial Solutions marketed the investments and were paid commissions out of collected funds.
Pitch & red flags
Returns of 5 to 20 percent per month; said investments were "guaranteed by a contract" even after that contract was cancelled.

Pitch phrases from this case

Source

U.S. Department of Justice official

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