Cases / Lending & cash advance
Transactions Unlimited (dba ATM Plus)
Michael B. Ferguson
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
- Transactions Unlimited (dba ATM Plus)
- Industry
- ATM ownership and branding agreements
- How investors were recruited
- Primarily San Francisco Bay Area investors (~160)
- Pitch & red flags
- claimed ATM Plus "owned or operated ATMs located at malls around the U.S. and had lucrative agreements to brand ATMs for several major ATM distributors"; fabricated ATM transaction data and forged contracts
Source
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