Cases / Investment funds & advisory
Investor Planning Services
Richard Taft Johnson
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
- Investor Planning Services
- Industry
- Charitable-benefit investment program (American Charitable Program)
- How investors were recruited
- Word of mouth; early investors encouraged to "share their experience with friends and relatives"; mostly Michigan investors
- Pitch & red flags
- "10 percent per quarter" returns; principal withdrawable at any time; tax deferral; described as low risk and benefiting charities
Pitch phrases from this case
Source
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