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Cases / Lending & cash advance

Mathon Management, Mathon Fund

Guy Andrew Williams, Brent F. Williams, Duane Hamblin Slade, Douglas Edward Towler, Russell Laurence Sewell, Aubrey Williams

ReportedDec 10, 2009
LocationMesa, AZ
Amount$100,000,000

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
Mathon Management, Mathon Fund
Industry
Short-term lending fund (purported high-interest loans to third-party borrowers)
How investors were recruited
Primarily members of the Church of Jesus Christ of Latter-day Saints in Arizona, Utah and Nevada
Pitch & red flags
Told money would fund short-term loans to third-party borrowers "at a high interest rate" and that Mathon had "an extensive track record of making such loans"

Pitch phrases from this case

Source

FBI official

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