Cases / Trading, forex & commodities
Park Capital Management Group, PCMG Lending
Michael J. Park
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
- Park Capital Management Group, PCMG Lending
- Industry
- Investment management / securities trading
- How investors were recruited
- Existing broker-dealer clients whom he persuaded to become clients of PCMG
- Pitch & red flags
- Assured annualized returns "between 10% and 28%"; fake stock confirmations; falsely placed the SIPC seal on statements though not a SIPC member.
Pitch phrases from this case
Source
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