I saw this and could not resist bringing it to the attention to this group of financial over-achievers. Seems like I once again missed out on the
commercial real estate loans
sandwich-in-a-can deal. That is, unless Vanguard picked it up in the TSM per chance.
Mark One Foods
So this finance guy in Utah had some creative investment ideas, according to the SEC.
A loan to a company looking to sell canned sandwiches in vending machines, for example. (Candwich
Also, an equity investment in a company that sells rose petals with text printed on them. (Speaking roses
But there was a problem, the SEC said in a lawsuit filed this month.
The guy raised the cash for his investments by telling investors that he would use their money to make commercial real estate loans.
Sandwich-In-A-Can Financier Sued For Fraud : NPR