Thomas L. Mitchell
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
- Mitchell Porter & Williams Inc, Adivanala AA Investment Trust, AB3 Inc
- Industry
- Investment adviser promissory notes (stocks, bonds, real estate)
- How investors were recruited
- Retired Los Angeles County Metropolitan Transportation Authority train and bus operators
- Pitch & red flags
- Promised returns up to 12.5% a year; claimed safe investments; falsely said principal was "insured by the United States government"
Pitch phrases from this case
Source
U.S. Department of Justice official