Cases / Investment funds & advisory
Crown Bank
Peter E. Dahl
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
- Crown Bank
- Industry
- Bank holding company stock (Crown Bankshares)
- How investors were recruited
- Dahl, the bank's CEO, personally solicited investors to buy holding-company shares.
- Pitch & red flags
- told investors a merger with or acquisition by another bank was "imminent" and promised a 25% per-share premium; concealed FDIC scrutiny
Pitch phrases from this case
Source
U.S. Department of Justice official
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