Cases / Trading, forex & commodities
Equity Investment Management and Trading Inc
Kenneth Kenitzer, Anthony Vassallo
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
- Equity Investment Management and Trading Inc
- Industry
- Stock options trading using purported proprietary computer software
- How investors were recruited
- Personal networks, particularly Vassallo's church (about 150 investors).
- Pitch & red flags
- Promised "3.5 percent per month with little risk of loss"; fabricated screenshots showing $50 million in securities holdings while accounts were empty.
Pitch phrases from this case
Source
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