STRIPS Investor Stripped of His Investment, Dignity.

Pastor Gilliams, Commodities Trader

Cincinnati businessman David Parlin was supposed to be invested in Treasury STRIPS. Instead he was stripped of $4 million — and most of his dignity — by Philadelphia Pastor Tyron L. Gilliams, Jr. The Pastor is also a hip-hop music promoter and a self-produced reality TV personality. On the side, he pretends he’s running a global commodities trading firm. With Gilliams now convicted on a federal indictment, and facing an SEC complaint and a civil action by investors, now is a good time to take a closer look at what we in the investment world call “Red Flags.”

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