Cases / Investment funds & advisory
John Frank Thomas III, Thomas Joseph Becker, Douglas Martin, Paul Hanson, Damian Ostertag
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
- Sports Psychometrics, Vegas Basketball Club, Vegas Football Club, Einstein Sports Advisory, Quantum Sports Advisory, Wellington Sports Club, Welscorp Inc, QSA LLC, Executive Financial Services Inc.
- Industry
- Sports betting funds
- How investors were recruited
- Advertising of sports betting investment funds; over 600 investors
- Pitch & red flags
- Claimed average profit of "+140% per $100 bet… and possibly as high as +180%"; advertised "unlimited riches"; "+10.75% ROI per betting day"; funds withdrawable "in only one day"
Pitch phrases from this case
- “+10.75% roi per betting day”
- “+140% per $100 bet… and possibly as high as +180%”
- “in only one day”
- “unlimited riches”
Source
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