Cases / Investment funds & advisory
Peoples Equity Group
Simon G. Outhwaite Jr., Dakota A. Smith
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
- Peoples Equity Group
- Industry
- Purported ownership interests in e-commerce and aviation companies
- How investors were recruited
- Smith was public face soliciting investments; monthly video calls with investors; Outhwaite handled bank accounts
- Pitch & red flags
- Claimed to own small, profitable companies in e-commerce and aviation; fraudulent financial documents
Source
U.S. Department of Justice official
Related cases · Investment funds & advisory
All investment funds & advisory cases →