Ronald Pallek
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.
- Industry
- Stock options trading ("iron condor" strategy)
- How investors were recruited
- Friends, acquaintances, family members and people referred by prior victims; offered commissions to earlier victims
- Pitch & red flags
- claimed he could "double their money" with an "iron condor" options strategy; falsified earnings statements
Pitch phrases from this case
Source
U.S. Department of Justice official