Английская Википедия:FundAmerica
Шаблон:Short description There are two FundAmerica companies. The current and active FundAmerica is an SEC-compliant company offering tools for tech-driven securities offerings. It was acquired by Prime Trust and continues to be a product offering of Prime Trust.
On August 14, 2023, Prime Trust and FundAmerica's parent company, Prime Core Technologies, filed for Chapter 11 bankruptcy protection. It is currently in talks to sell all of its assets, including FundAmerica. Prime Trust will also request to continue to pay wages and provide benefits to ongoing employees as usual. For now, FundAmerica will continue to operate normally during the bankruptcy process.[1]
The second is FundAmerica, Inc.. It was a discount buying club that marketed consumer buying club memberships through multi-level marketing. The business began in 1987 in Los Angeles, California before moving its offices to Irvine, California.
FundAmerica's founder, Robert T. Edwards, was arrested in July 1990 for allegedly running a pyramid scheme.[2][3] FundAmerica filed for bankruptcy in August 1990[2] In late August 1990, Robert T. Edwards was fined $20.4 million dollars by Florida for running a pyramid scheme.[4] In 1994 in Florida, the company pleaded no contest to a reduced charge of misrepresenting investors' odds of success and paid a $200,000 fine.[5] A new company, FundAmerica 2000, was started with Robert Edwards as a consultant.[5]
References
Шаблон:Reflist Шаблон:Refbegin
- Шаблон:Cite web
- Шаблон:Cite news Record Number 9007260151
- Шаблон:Cite news Record Number 9008060184
- Шаблон:Cite news
External links
- [1] The current SEC-compliant company offering tools for tech-driven securities offerings.
- [2] The parent company that acquired FundAmerica.
- False Profits "We're Looking For Five Exceptional Leaders..." - False Profits, Mentions FundAmerica
- LA times articles on the company
- Английская Википедия
- Defunct companies based in California
- Marketing companies established in 1987
- Companies that filed for Chapter 11 bankruptcy in 1990
- Companies that filed for Chapter 11 bankruptcy in 2023
- Pyramid and Ponzi schemes
- Defunct multi-level marketing companies
- Страницы, где используется шаблон "Навигационная таблица/Телепорт"
- Страницы с телепортом
- Википедия
- Статья из Википедии
- Статья из Английской Википедии
