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Cases / Investment funds & advisory

Prime Rate and Return LLC (dba American Integrity Financial Co.)

Matthew John Ryan

ReportedMay 4, 2010
LocationTroy, NY
Amount$6,500,000

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
Prime Rate and Return LLC (dba American Integrity Financial Co.)
Industry
Fixed-rate investments and IRAs
How investors were recruited
Targeted senior citizens in their 60s and 70s
Pitch & red flags
Rates of 3.85% to 9%; claimed investments were "safe" and falsely FDIC or SIPC insured; fake Manhattan address and fictitious employees

Pitch phrases from this case

Source

SEC official

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