Cases / Trading, forex & commodities
Learn Waterhouse Inc.
Randall T. Treadwell, Rick D. Sluder, Larry C. Saturday, Arnulfo M. Acosta
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
- Learn Waterhouse Inc.
- Industry
- Fictitious 'prime bank' instruments and trading programs
- How investors were recruited
- Pitched as a "secret," "invitation only" program; about 1,700 investors nationwide
- Pitch & red flags
- Promised "5% to 50% per month" and "500% in just 60 days"; principal "secured by a pre-funded, cash-back instrument" and "completely risk-free".
Pitch phrases from this case
- “5% to 50% per month”
- “500% in just 60 days”
- “completely risk-free”
- “secured by a pre-funded, cash-back instrument”
Source
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