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Cases / Trading, forex & commodities

John S. Dudley

ReportedJun 1, 2011
LocationSandy, UT
Amount$12,000,000

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.

Industry
Trading programs backed by purported senior life settlement policy
How investors were recruited
About 75-100 investors.
Pitch & red flags
"monthly returns of 5-10 percent"; claimed he had "not suffered a trading loss since 1978" and "never made less than 5 percent per month over the last 30 years"; said a "senior life settlement policy" eliminated risk; exclusive, limited number of investors

Pitch phrases from this case

Source

ksl.com

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