Cases / Trading, forex & commodities
Gemstar Capital Group Inc, Kiselak Capital Group LLC
Jeffrey J. Sykes, Michael J. Kiselak
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
- Gemstar Capital Group Inc, Kiselak Capital Group LLC
- Industry
- Treasury bill trading program
- How investors were recruited
- Kiselak solicited investors personally on behalf of Kiselak Capital Group.
- Pitch & red flags
- Told investors "KCG made a 2.25% per month profit trading treasury bills"; concealed a 35% performance fee; fabricated documents showed segregated accounts.
Pitch phrases from this case
Source
Related cases · Trading, forex & commodities
All trading, forex & commodities cases →