Cases / Trading, forex & commodities
Neman Financial L.P.
Shervin Neman
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
- Neman Financial L.P.
- Industry
- Purported hedge fund (foreclosed homes, Facebook and pre-IPO shares)
- How investors were recruited
- Targeted members of the Persian-Jewish community in Los Angeles, exploiting their trust in him.
- Pitch & red flags
- Promised exorbitant returns; claimed investments in foreclosed homes for quick resale, private Facebook shares, and pre-IPO shares (Groupon, LinkedIn, Angie's List)
Source
Related cases · Trading, forex & commodities
All trading, forex & commodities cases →