July 25, 2023
The SEC charged Robert D. Christensen, Anthony M. Matic, and their controlled companies – Foresee Inc., The Commission PDX LLC, The Policy PDX LLC, and Innings 150 LLC – with operating a Ponzi-like scheme and deceiving investors who purchased over $10 million in promissory notes. Christensen and Matic allegedly used multiple entities to raise funds from retail investors, promising high interest rates and quick returns for real estate investments. However, they relied on new investor money to pay earlier investors and misappropriated funds for personal expenses and undisclosed purposes, including vacations, gifts, and luxury memberships.
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