Cases / Legal & litigation funding
Verto Capital Management LLC
William R. Schantz III
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
- Verto Capital Management LLC
- Industry
- Life settlements financed by promissory notes
- How investors were recruited
- Notes sold primarily through a group of insurance brokers in Texas; religious investors targeted
- Pitch & red flags
- Told investors Verto Capital was a profitable company and funds would be used for general working capital, though it had been unprofitable for years
Source
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