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Cases / Investment funds & advisory

Abatement Corp. Holding Company Limited, International Balanced Fund

Joseph Laurer (aka Dr. Josef V. Laurer), Brenda Davis

ReportedSep 16, 2014
LocationHomestead, FL
Amount$4,600,000

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.

Company / entity
Abatement Corp. Holding Company Limited, International Balanced Fund
Industry
Purported AAA-rated bond fund
How investors were recruited
Used his standing as president of the South Dade AARP chapter and member of Homestead's pension board to gain trust
Pitch & red flags
"safe, guaranteed returns"; triple-A rated corporate and government bonds; claimed FDIC and SIPC protection

Pitch phrases from this case

Source

SEC official

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