Cases / Trading, forex & commodities
K.E.L. Enterprises Inc.
Dwight A. Foster
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
- K.E.L. Enterprises Inc.
- Industry
- Forex commodity pool
- How investors were recruited
- Solicited members of the public to join a commodity pool
- Pitch & red flags
- Promissory notes promised return of principal plus "seventy percent of any profits"; claimed funds were pooled and traded through "a boutique professional trading firm which specializes in the commodities and foreign exchange market"; monthly statements showed a profit every month; "guaranteed return promises"
Pitch phrases from this case
Source
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