Investments in First Nationle Solution, Percipience Global Corp., and United RL Capital Services

Case Name (Date)

Heinert et al. v. Bank of America, N.A. et al.
19-cv-6081, W.D.N.Y.
(Jan. 2019)

Product/Service

Investments in financial services, insurance, real estate development, and medical laboratories

Allegations

Operating a A fraudulent investment operation that tricks investors into thinking that they will earn lots of money on a short-term investment, when, in reality, there isn’t any investment opportunity at all. Rather, the promoter just uses the money from new recruits to pay off the older investors. In other words, stealing from Peter to give to Paul. that promotes lucrative investments when the money invested was used to pay off earlier investors