Cases / Investment funds & advisory
Queen City Investments
Glen Galemmo
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
- Queen City Investments
- Industry
- Private investment funds
- How investors were recruited
- Promotional materials sent to potential investors; ~200 investors
- Pitch & red flags
- "rates of return of over 30%"; returns of more than 30 percent over seven years; fake monthly statements
Pitch phrases from this case
Source
U.S. Department of Justice official
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