Cases / Legal & litigation funding
deeproot Funds LLC, Policy Services Inc.
Robert J. Mueller
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- Company / entity
- deeproot Funds LLC, Policy Services Inc.
- Industry
- Pooled investment funds (life settlements / policy-backed funds)
- How investors were recruited
- Persuaded investors, many of them retirees, to cash out annuities held at other firms and invest in his funds
- Pitch & red flags
- told investors funds would buy life insurance policies and deeproot businesses offering "relatively safe returns"; 575 Fund offered 7% simple annual interest at maturity or 5% paid monthly; Growth Runs Deep Fund promised a "potentially larger payout"
Pitch phrases from this case
Source
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