Entrust Group accused in Ponzi scam

The Entrust Group helped a bogus “investing guru” roll people for $27 million in a self-directed IRA Ponzi scam, a woman who says she lost $199,000 claims in a federal class action.

“Defendant Bromma, a self-described SDIRA ‘industry luminary,’ is an individual and believed to be a resident of San Raphael, California. At all times material hereto, Bromma was the CEO and owner of both TEG and ENTRUST ADMIN,” the complaint states.

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