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

Cases / Real estate

Krimm Financial Services

Matthew A. Krimm

ReportedApr 26, 2017
LocationAbington, MD
Amount$1,690,000

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
Krimm Financial Services
Industry
Mortgage origination business expansion (notes/equity)
How investors were recruited
Investors included mortgage loan customers of his former employer
Pitch & red flags
Claimed a "highly successful" mortgage loan business; funds to open new offices, hire loan officers and expand reverse mortgage lending; false income statements and profit projections

Pitch phrases from this case

Source

news.delaware.gov official

Related cases · Real estate

All real estate cases →

Other cases in Maryland

All Ponzi scheme cases in Maryland →