Independent research site. Not affiliated with the SEC, CFTC, DOJ, FBI or any government agency.

Cases / Investment funds & advisory

Wings Network

Sergio Henrique Tanaka, Carlos Luis da Silveira Barbosa, Claudio de Oliveira Pereira Campos

ReportedFeb 27, 2015
LocationDavie, FL
Amount$23,500,000

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
Wings Network
Industry
Digital/mobile app memberships (pyramid)
How investors were recruited
Facebook and YouTube, hotel "business meetings" in several states, storefront "training centers", targeting Brazilian and Dominican immigrant communities
Pitch & red flags
memberships sold for "digital and mobile solutions" (apps, cloud storage) with commissions for recruiting

Pitch phrases from this case

Source

SEC official

Related cases · Investment funds & advisory

All investment funds & advisory cases →

Other cases in Florida

All Ponzi scheme cases in Florida →