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Updated 4 months ago, 08/19/2024

User Stats

17,197
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14,735
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Chris Seveney
Lender
Pro Member
  • Investor
  • Virginia
14,735
Votes |
17,197
Posts

If it’s too good to be true

Chris Seveney
Lender
Pro Member
  • Investor
  • Virginia
ModeratorPosted

I posted about the head scratching returns this company was offering in the past as they were alleging 10% per quarter - yep that’s 40% annualized and they would let it compound

$300M raised - why? Because people fall in love with returns and do not ask how is that possible…

Of course investigation is ongoing but this is all alleged.

https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26076

  • Chris Seveney
business profile image
7e investments
5.0 stars
15 Reviews

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