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Cases / Investment funds & advisory

MRI International Inc, CSA Service Center LLC, The Factoring Company

Edwin Yoshihiro Fujinaga

ReportedSep 26, 2013
LocationLas Vegas, NV
Amount$800,000,000

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
MRI International Inc, CSA Service Center LLC, The Factoring Company
Industry
Medical accounts receivable (factoring)
How investors were recruited
Japanese investors solicited via a Tokyo sales office and hosted in Las Vegas for presentations and office tours
Pitch & red flags
promised returns "ranging from 6 to 10.32 percent"; claimed it would "purchase the accounts at a discount so they could recover the full amount and turn a profit for investors"

Pitch phrases from this case

Source

SEC official

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