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Cases / Insurance-linked

John Hogan

ReportedApr 27, 2017
LocationSwissvale, PA
Amount$8,200,000

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.

Industry
Promissory notes sold by insurance agent
How investors were recruited
Existing whole-life insurance clients (about 80), persuaded to withdraw policy cash values
Pitch & red flags
assured investors "they'd get at least a 10 percent return"

Pitch phrases from this case

Source

federalnewsnetwork.com

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