Cases / Lending & cash advance
Sandra Venetis
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
- Systematic Financial Associates Inc, Systematic Financial Services Inc, Systematic Financial Services LLC
- Industry
- Phony promissory notes / purported loans to doctors backed by Medicare reimbursements
- How investors were recruited
- Existing clients of her investment advisory firm, particularly retired and unsophisticated investors; clients were directed to liquidate securities to participate
- Pitch & red flags
- Notes "guaranteed by the Federal Deposit Insurance Corporation"; approximately 6 to 11 percent per year, tax-free; funds to finance loans to doctors backed by Medicare payments
Pitch phrases from this case
Source
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