Cases / Trading, forex & commodities
CRE Capital Inc
James G. Ossie
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
- CRE Capital Inc
- Industry
- Foreign currency options trading
- How investors were recruited
- Direct contact with individual investors, salespeople called 'correspondents', the company website and mass conference calls; minimum $100,000 deposits.
- Pitch & red flags
- "Guaranteed the return of an investor's deposit plus 10 percent interest within just 30 days"; claimed a cash reserve fund to cover losses and outside accountants verifying accounts.
Source
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