Cases / Investment funds & advisory
Matthew B. Pizzolato
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
- Gulf Region Guaranty Inc, Acadian Guaranty Group LLC, Cornerstone Wealth Management LLC, Pelican Guaranty Group Inc, Spectrum Lending Group LLC
- Industry
- Fake certificates of deposit, U.S. Treasury bills and government-backed securities
- How investors were recruited
- Local newspaper advertisements in the New Orleans, Baton Rouge and Hammond areas, targeting older investors and retirees
- Pitch & red flags
- Returns "higher than market rates"; investments described as "guaranteed," "safe," "conservative," "insured" and "no-risk"
Pitch phrases from this case
Source
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