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Cases / Trading, forex & commodities

GID Group Inc

Roger Wagner, Rodney Wagner

ReportedNov 9, 2011
LocationGrand Prairie, TX
Amount$5,500,000

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
GID Group Inc
Industry
Forex trading pool
How investors were recruited
Face-to-face meetings with prospective customers; about 99 people solicited.
Pitch & red flags
Payout schedules promising returns of "at least 200 percent"; claimed to be "earning 6 percent per day" trading forex.

Pitch phrases from this case

Source

CFTC official

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