Florida Office of Financial Regulation

Tampa Man Convicted in Phony Concert Promotion Investment Scheme

06/22/2017

For Immediate Release                               
June 22, 2017
 
Media Contacts:
Jamie Mongiovi (850) 410-9709
Katie Norris (850) 410-9826
Twitter: @FlFinancialReg
 
Tampa Man Convicted in Phony Concert Promotion Investment Scheme
 
Tallahassee, Fla. – The Florida Office of Financial Regulation today announced that Eric Franz Peer entered a guilty plea, and was convicted for presenting a forged check in connection with the sale of a fraudulent investment offering. He served 11 months in the Hillsborough County Jail, and was ordered to pay more than $18,000 in restitution.
 
Commissioner Drew J. Breakspear said, “Thank you to the Florida Office of Financial Regulation’s investigators, the Prince William County Sherriff’s Office in Virginia and the Hillsborough County State Attorney’s Office for their hard work in this case. The Florida Office of Financial Regulation is committed to working with our partners to protect Floridians from financial crime.”
 
Peer, acting as an event coordinator, claimed to have profitable ongoing events and promoted a 15-20 percent per month return to investors. He also represented that his events were insured for up to $2 million against cancellations. However, the Florida Office of Financial Regulation investigation revealed that the investor’s money was not used to produce or promote a concert event. Instead, financial analysis showed that the money was used to fund Peer’s personal living expenses.
 
If you feel that you may be a victim of fraud or to report suspicious activity, please file a complaint with the OFR online, www.flofr.com, or call (850) 487-9687.
 
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