Joseph A. Castellano
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
- Casbo Investments, Wallingford Investors Limited Partnership, AIM Realty Investors, Castellano & Co. LLC
- Industry
- Loans to clients' business and real estate projects (promissory/demand notes)
- How investors were recruited
- Clients of his CPA tax-preparation business
- Pitch & red flags
- 6%-8% annual returns; claimed clients needed capital they couldn't get from traditional financing; official-looking "Demand Notes"
Pitch phrases from this case
Source
U.S. Department of Justice official