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Cases / Investment funds & advisory

USA Marketing, Elite Marketing

Edward Lincoln Forehand

ReportedSep 24, 2012
LocationDothan, AL
Amount$6,200,000

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
USA Marketing, Elite Marketing
Industry
Financing inventory of cookware sold for college/university fundraising
How investors were recruited
Directly by Forehand and by word of mouth from other investors
Pitch & red flags
"an annual rate of return ranging from 175% to 325%"

Pitch phrases from this case

Source

U.S. Department of Justice official

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