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Cases / Investment funds & advisory

Lydia Cladek Inc

Lydia I. Cladek

ReportedNov 23, 2010
LocationSt. Augustine, FL
Amount$113,235,968

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
Lydia Cladek Inc
Industry
High-interest motor vehicle retail installment contracts / car notes
How investors were recruited
Direct solicitation of investors to loan money to the company
Pitch & red flags
Guaranteed "a return rate of 15 percent to 20 percent on the investment"; notes allegedly secured by vehicles

Pitch phrases from this case

Source

FBI official

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