Independent research site. Not affiliated with the SEC, CFTC, DOJ, FBI or any government agency.

Cases / Trading, forex & commodities

GLR Growth Fund, GLR Capital Management

John A. Geringer, Keith Rode, Chris Luck

ReportedMay 24, 2012
LocationScotts Valley, CA
Amount$60,000,000

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
GLR Growth Fund, GLR Capital Management
Industry
Purported stock-index trading fund (S&P 500, NASDAQ, Dow)
How investors were recruited
Primarily investors in the Santa Cruz area, using false marketing materials
Pitch & red flags
"between 17 and 25 percent annual returns in every year"; claimed 75% invested in major stock indices

Pitch phrases from this case

Source

SEC official

Related cases · Trading, forex & commodities

All trading, forex & commodities cases →

Other cases in California

All Ponzi scheme cases in California →