Cases / Investment funds & advisory
City Capital Corporation
Ephren W. Taylor II, Wendy Connor
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
- City Capital Corporation
- Industry
- Self-directed IRA investments in small businesses and sweepstakes machines (charity-linked)
- How investors were recruited
- Live presentations at churches (including Atlanta's New Birth Church), a multi-city "Building Wealth Tour," internet and radio ads, and wealth management seminars.
- Pitch & red flags
- Marketed himself as "The Social Capitalist"; promised high returns with charitable profit-sharing; "denigrating traditional investment vehicles such as CDs, mutual funds, and the stock market"
Pitch phrases from this case
Source
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