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Cases / Trading, forex & commodities

The End of the Rainbow Partners LLC

Michael F. Anderson, Carolyn Anderson

ReportedNov 14, 2017
LocationVail, CO
Amount$5,300,000

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
The End of the Rainbow Partners LLC
Industry
Day-trading fund using proprietary algorithm with charity component
How investors were recruited
Friends; pitched as helping friends and charitable causes
Pitch & red flags
Claimed to be "a retired, successful hedge fund manager"; "up to 20% of trading profits" to wife's charity for abused women and children; proprietary algorithm

Pitch phrases from this case

Source

SEC official

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