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Cases / Trading, forex & commodities

Mediatrix Capital Inc.

Michael S. Young, Michael S. Stewart, Bryant E. Sewall

ReportedSep 18, 2019
LocationCO
Amount$125,000,000

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
Mediatrix Capital Inc.
Industry
Algorithmic trading program
How investors were recruited
Salespeople hired by the defendants solicited investors using false information about the forex trading algorithm
Pitch & red flags
"highly profitable algorithmic trading strategy that had never experienced an unprofitable month"; claimed returns of "more than 1,600% since inception"

Pitch phrases from this case

Source

SEC official

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