Independent research site. Not affiliated with the SEC, CFTC, DOJ, FBI or any government agency.

Cases / Insurance-linked

Insurance Service Center

Loren W. Holzhueter

ReportedJan 29, 2015
LocationWatertown, WI
Amount$10,400,000

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
Insurance Service Center
Industry
Investment accounts at an insurance agency / agency acquisitions
How investors were recruited
His network of insurance-agency clients and local acquaintances in the Watertown area who trusted him; more than 120 investors
Pitch & red flags
told money would be "placed in separate investment accounts at ISC" or used to acquire other insurance agencies

Pitch phrases from this case

Source

SEC official

Related cases · Insurance-linked

All insurance-linked cases →

Other cases in Wisconsin

All Ponzi scheme cases in Wisconsin →