Crumbs R Us is a crumby investment
Posted: Fri Mar 29, 2013 10:47 am
A law suit filed out of Sacramento shows a new take on an old scam.
A retirement services company called Entrust Mid-South LLC of Alexandria, LA belonging to a Louisiana businessman named Jerry O. Pearson Jr has been selling unregistered securities, specifically a “Crumbs R Us promissory note” to people with self directed IRA’s. Unfortunately, the note is as bogus as the company selling them, and the people who have invested in them have been left holding, well the crumbs, and not many at that.
full article
A retirement services company called Entrust Mid-South LLC of Alexandria, LA belonging to a Louisiana businessman named Jerry O. Pearson Jr has been selling unregistered securities, specifically a “Crumbs R Us promissory note” to people with self directed IRA’s. Unfortunately, the note is as bogus as the company selling them, and the people who have invested in them have been left holding, well the crumbs, and not many at that.
full article