Cases / Trading, forex & commodities
MBIG Company
Sassi Mizrahi, Motty Mizrahi
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
- MBIG Company
- Industry
- Options trading and insurance-hedging strategies
- How investors were recruited
- Investors solicited to the brothers' purported sophisticated trading operation; news says targeted Israeli-American / Orthodox community
- Pitch & red flags
- "guaranteed" returns of 2-3% monthly; withdrawals on demand after an initial holding period; false account statements
Pitch phrases from this case
Source
U.S. Department of Justice official
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