Cases / Investment funds & advisory
Edward J. & Company, La Porte Jewelers
Matthew James Addy
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
- Edward J. & Company, La Porte Jewelers
- Industry
- Promissory notes tied to wholesale jewelry and loose stones
- How investors were recruited
- Recruited investors within religious groups he belonged to (affinity fraud); more than 40 investors in the U.S. and Europe.
- Pitch & red flags
- Notes said to fund jewelry and stones "purchased through Addy's businesses and resold to retail jewelers for a profit."
Pitch phrases from this case
Source
U.S. Department of Justice official
Related cases · Investment funds & advisory
All investment funds & advisory cases →