Cases / Trading, forex & commodities
Golden Summit Group
Ralph Gregory Gibbs
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
- Golden Summit Group
- Industry
- Forex currency trading pool
- How investors were recruited
- At least 150 investors in 25 states, many elderly, retired or on limited incomes; some liquidated retirement savings or took home equity loans to invest
- Pitch & red flags
- Promised returns of 3-5% monthly (up to 60% annually) with guaranteed return of principal, citing his unique trading expertise
Source
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