Cases / Investment funds & advisory
Ernst and Ernst Collectors Gallery
Donald Dean Seybold
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
- Ernst and Ernst Collectors Gallery
- Industry
- Art purchase and resale
- How investors were recruited
- Solicited investors directly through his art gallery businesses.
- Pitch & red flags
- Claimed buyers for the art were already lined up and that investors would get guaranteed profits on resales; said he would "reinvest the fictitious profits in other art deals to make more money".
Pitch phrases from this case
Source
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