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Cases / Investment funds & advisory

A&M Investments

Monroe L. Beachy

ReportedFeb 15, 2011
LocationSugarcreek, OH
Amount$33,000,000

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
A&M Investments
Industry
Purported U.S. government securities investments
How investors were recruited
Fellow members of the Amish community; older investors recommended it to their children
Pitch & red flags
Sold as "risk-free U.S. government securities"; interest above bank rates; monthly statements showing fabricated gains

Pitch phrases from this case

Source

SEC official

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