SOMETHING THAT STILL BOTHERS ME Anyone going to the website of the UNITRUST unit of Fortress Financial Inc and notes at the top that it is a subsidiary of Fortress Financial Inc., and decides to look up the website of the parent company, would be presented (on my search engine) first with:-
U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 19536 / January 20, 2006
Securities and Exchange Commission v. Fortress Financial Group, Inc. and Jeffrey A. Richie, Civil Action EDCV 06-00063 VAP (SGLx) (C.D. Cal.)
The United States Securities and Exchange Commission announced that it filed a complaint in federal court in Riverside, California against Fortress Financial Group, Inc. ("Fortress") and its CEO and president, Jeffrey A. Richie ("Richie"), for conducting an unregistered and fraudulent offering of Fortress securities. Fortress is in the business of providing 401(k) services to the clients of broker-dealers and investment advisers and employees of small companies. Richie, age 39, resides in Temecula, California......................
This has been posted before here in full. But it would be very off putting by anyone thinking about doing business with the company.
Of course, it is not our company, but people don't always see that. Why run the risk.
I am surprised that if the company means to go legit, or get this company off the ground they didn't find an unblemished name.
Even I would think of that, and I am sure many of you would. So, I ask myself WHY?
