Cases / Investment funds & advisory
Timothy J. Coughlin
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
- OICU Ltd., OICU Investments Corp., Oxford International Credit Union, Oxford International Cooperative Union
- Industry
- Fictitious online credit union deposits
- How investors were recruited
- Internet-based offering reaching 5,000+ investors in all 50 states and D.C.
- Pitch & red flags
- Website showed returns "averaging 0.471% each trading day" (about 356% annualized); falsely claimed accounts were "insured by a private insurance company"
Pitch phrases from this case
Source
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