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

Cases / Insurance-linked

First Americans Insurance Service

Stella Levea, James Masat, Kenneth Mottin

ReportedDec 15, 2010
LocationGrand Island, NE
Amount$100,000,000

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
First Americans Insurance Service
Industry
Promissory notes issued by insurance agency
How investors were recruited
Agency served American Indian tribes in 20+ states, describing itself as "dedicated to preserving the sovereign culture of Native Americans".
Pitch & red flags
"unusually high returns" on promissory notes (per Nebraska AG)

Pitch phrases from this case

Source

vcstar.com

Related cases · Insurance-linked

All insurance-linked cases →

Other cases in Nebraska

All Ponzi scheme cases in Nebraska →