Business ProfileforAtlas Capital Management Inc
Current Alerts For This Business
The following describes a pending government action that has been formally brought by a government agency but has not yet been resolved. We are providing a summary of the government’s allegations, which have not yet been proven.
On December 13, 2018, The Securities and Exchange Commission filed a Complaint against Atlas Capital Management Inc and the Owner, Craig Arsenault, in the Central District of California. Charges filed allege the business is in violation of federal law prohibiting providing false and misleading misrepresentations and omissions to clients in connection with the purchase and sale of securities and misappropriating and misusing investment funds in the amount of $1 million to benefit himself. Also prohibiting obtaining money by means of false and misleading misrepresentations and omissions to his Clients who invested in ACT Global Investments, another one of his businesses, by providing monthly account statements to those clients which falsely indicated that their investments were invested in income producing investments, were receiving interest income in the amount reported in the statements, were secure and available to be withdrawn within 30-60 days of a withdrawal demand, and had not been used to pay Arsenault and his businesses.
The matter is pending.
At-a-glance
Related Categories
Business Details
- Location of This Business
- 30101 Town Center Dr Ste 203, Laguna Niguel, CA 92677
- BBB File Opened:
- 6/3/2019
- Years in Business:
- 27
- Business Started:
- 1/21/1997
- Business Incorporated:
- 1/21/1997
- Type of Entity:
- Corporation
- Related Businesses
- Business Management
- Mr. Craig Arsenault, Owner
- Contact Information
Customer Contact
- Mr. Craig Arsenault, Owner
- Additional Contact Information
Email Addresses
- Primary
Customer Complaints
0 Customer Complaints
Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews
File a ComplaintBBB Business Profiles may not be reproduced for sales or promotional purposes.
BBB Business Profiles are provided solely to assist you in exercising your own best judgment. BBB asks third parties who publish complaints, reviews and/or responses on this website to affirm that the information provided is accurate. However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles.
When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints.
BBB Business Profiles generally cover a three-year reporting period. BBB Business Profiles are subject to change at any time. If you choose to do business with this business, please let the business know that you contacted BBB for a BBB Business Profile.
As a matter of policy, BBB does not endorse any product, service or business. Businesses are under no obligation to seek BBB accreditation, and some businesses are not accredited because they have not sought BBB accreditation.