U.S. Army Staff Sgt. Kevin Crowell, a decorated soldier and recipient of the Purple Heart and two combat infantry badges came home with symptoms of post-traumatic stress disorder after serving a year in Iraq.
Looking to settle into everyday civilian life, he invested $50,000 in Lydia Cladek Inc.—an auto financing company. Lydia Cladek, LCI's president, pitched to use investor money to buy high-interest auto loans from car lots and then collect payment on those loans promising 10 percent to 15 percent return on investment.
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