Cases / Investment funds & advisory
Lorven Funds, Lorven Advisors LLC, Vistalytics Inc.
Satish Appalakutty
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
- Lorven Funds, Lorven Advisors LLC, Vistalytics Inc.
- Industry
- Investment fund claiming discounted public stocks and pre-IPO shares
- How investors were recruited
- Met and solicited many investors through a Hindu temple he attended in the SF Bay Area
- Pitch & red flags
- "Minimum rates of return ranging from 8% to 62.5% annually"; promised stocks at a discount and pre-IPO stakes
Pitch phrases from this case
Source
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