Cases / Trading, forex & commodities
George Sepero, Carmelo Provenzano
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
- Pelt Capital, Caxton Capital Management, SP Investors Inc., CCP Pro Consulting Inc.
- Industry
- Forex trading (fake hedge fund); also theft of an elderly woman's annuity
- Pitch & red flags
- "extraordinary profits in foreign currency trading"; prior returns "of more than 170 percent"; funds "highly liquid and could be withdrawn on a days' notice"; fictional trader "Mel Tannenbaum"
Pitch phrases from this case
- “extraordinary profits in foreign currency trading”
- “highly liquid and could be withdrawn on a days' notice”
- “mel tannenbaum”
- “of more than 170 percent”
Source
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