Cases / Investment funds & advisory
Mantria Corporation, Speed of Wealth LLC
Wayde McKelvy, Donna McKelvy, Troy Wragg, Amanda Knorr
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
- Mantria Corporation, Speed of Wealth LLC
- Industry
- "Green" investments: carbon-negative housing community in rural Tennessee and biochar
- How investors were recruited
- Television, radio and print advertising, internet marketing, and seminars/webinars where promoters urged investors to liquidate traditional investments
- Pitch & red flags
- Promised returns from 17 percent to "hundreds of percent" annually; described offerings as "consistent and safe" high-yield securities; high-pressure sales with short-term incentive offers
Pitch phrases from this case
Source
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