Cases / Investment funds & advisory
Joseph A. Nelson, Anthony C. Zufelt, David M. Decker Jr., Cache D. Decker
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
- Zufelt Inc (dba Zufelt Business Services Inc), Silver Leaf Investments Inc, JCN Inc, JCN Capital LLC, JCN International LLC
- Industry
- Credit card processing business investments and merchant portfolio purchases
- How investors were recruited
- Targeted members of the Mormon community; encouraged investors to borrow against their homes
- Pitch & red flags
- Returns of up to 220% and up to 200% in short periods; investments backed by a "merchant portfolio" of credit card processing accounts
Pitch phrases from this case
Source
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