Cases / Lending & cash advance
Lucky Star Diamonds Inc, Luis Felipe Jewelry Design Corp
Luis Felipe Perez
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
- Lucky Star Diamonds Inc, Luis Felipe Jewelry Design Corp
- Industry
- Jewelry business and pawn shop financing via loan agreements
- How investors were recruited
- Word-of-mouth referrals from prior investors; used his reputation in the local Hispanic community
- Pitch & red flags
- "No-risk" loan agreements; annual returns of 18% to 120% paid monthly; said pawn shops earned "5 to 10 percent returns per month"; told some investors diamonds were set aside as collateral
Pitch phrases from this case
Source
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