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Cases / Trading, forex & commodities

Friend's Investment Group

Julius C. Blackwelder

ReportedMar 27, 2012
LocationStratford, CT
Amount$400,000

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
Friend's Investment Group
Industry
Commodities futures investment pool
How investors were recruited
Members of his LDS congregation (Bridgeport Ward), where he was bishop, and others
Pitch & red flags
"safe, long-term commodities futures contracts"; "experienced and successful commodities investor"; guaranteed principal and a specific return

Pitch phrases from this case

Source

U.S. Department of Justice official

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