Cases / Trading, forex & commodities
Avail Progression LLC, Elite Generators Inc
John Fernandez
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
- Avail Progression LLC, Elite Generators Inc
- Industry
- Forex trading
- How investors were recruited
- Email solicitations, social media (Instagram and LinkedIn), email blasts, online message boards and face-to-face meetings; Avail investors were urged to "roll over" into Elite Generators
- Pitch & red flags
- Told investors he was "a trading savant with a proven track record" who could "guarantee returns up to 100%"; later excuses for late payments (car troubles, frozen trading account)
Pitch phrases from this case
Source
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