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Cases / Investment funds & advisory

Joseph Firmage

ReportedFeb 29, 2024
LocationSalt Lake City, UT
Amount$25,000,000

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
Purported advanced propulsion technology / lab project
How investors were recruited
Used shared interest in writer Ken Wilber's theories of consciousness to gain investors' trust
Pitch & red flags
claimed to have "secured $200 million in government contracts" for a "new and radical form of propulsion technology"

Pitch phrases from this case

Source

axios.com

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