Cases / Investment funds & advisory
Michael Gonzalez Investments
Michael Anthony Gonzalez
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
- Michael Gonzalez Investments
- Industry
- Municipal bond investments (non-existent)
- How investors were recruited
- Direct solicitation of friends and acquaintances, plus ads in The Pasadena Foothills Magazine presenting him as "a specialist in the tax-exempt municipal bond market."
- Pitch & red flags
- Claimed "AAA-rated portfolios of clients that have outperformed the bond market in general by 2.75%"; "high-yield" bonds with a "double layer of protection"; falsely named E*Trade as clearing broker
Pitch phrases from this case
Source
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