Strategic Innovations LLC
Royce Newcomb
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
- Strategic Innovations LLC
- Industry
- Smart home / package-protection product development
- How investors were recruited
- Drew investors through media attention for his prototypes, patents and trademarks and a claimed National Science Foundation grant
- Pitch & red flags
- Promised "significant returns in as little as three months"; claimed he had "been awarded a grant by the National Science Foundation"
Pitch phrases from this case
- “been awarded a grant by the national science foundation”
- “significant returns in as little as three months”
Source
U.S. Department of Justice official