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Cases / Insurance-linked

Asset Preservation Specialists Inc.

George R. McKown, Richard E. Gearhart

ReportedDec 29, 2016
LocationIndianapolis, IN
Amount$3,000,000

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
Asset Preservation Specialists Inc.
Industry
Rollovers of IRAs, pensions, annuities and 401(k)s into purported investments
How investors were recruited
Individuals holding retirement accounts
Pitch & red flags
6-8% annual returns; original investment "safe and sound"; "a guaranteed rate of return"

Pitch phrases from this case

Source

ibj.com

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