Cases / Lending & cash advance
Little Loan Shoppe
Doris E. Nelson
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
- Little Loan Shoppe
- Industry
- Promissory notes issued by a purported lending company
- How investors were recruited
- Sold written promissory notes to at least 650 investors across the U.S., Canada and Mexico.
- Pitch & red flags
- Promised "annual returns of 40 to 60 percent"; in 2008 claimed the company had "defied financial gravity" in a weak economy.
Pitch phrases from this case
Source
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