Cases / Energy & alternative assets
John Scott Clark
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
- Iraqi dinar and oil contracts via a claimed "top secret" U.S. government program
- How investors were recruited
- Solicited participants from his earlier Ponzi scheme and members of his church congregation
- Pitch & red flags
- Promised "annual returns in excess of 3,000 percent"; $1,000 would yield $125,000 in 90 days; "[all] you have to do for that [return] is not talk about it"
Pitch phrases from this case
- “[all] you have to do for that [return] is not talk about it”
- “annual returns in excess of 3,000 percent”
Source
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