Red Flags
17
Clayton Thomas
Clayton Thomas has a history of fraud, misleading investors with inflated medical device prices and false returns, causing significant losses. He also manipulated the MLM structure, stealing commissions and damaging trust within the network.
Quick summary on Clayton Thomas
Previous Allegations of Fraud: Clayton Thomas has a history of securities fraud, having previously faced legal action related to misappropriating funds in his former company, Personalized Healthcare Solution LLC.
Deceptive Investment Promises: Thomas misled investors about the returns from medical devices, inflating the price of equipment and falsely claiming high profits, which led to significant financial losses for investors.
Personal Misappropriation of Funds: Thomas is accused of pocketing the difference between the actual cost of medical devices and the inflated price, resulting in a loss of over $600,000 for an investor.
Misleading Marketing Practices: Root Wellness used deceptive marketing tactics to attract investors, claiming high returns that were not backed by the actual performance of the business or products.
Manipulation of MLM Structure: Thomas was accused of taking over other distributors’ positions and stealing commissions, which undermined trust within the company’s network marketing structure.
by: Isabella Young
Another day, another fraudster.
by: Logan Allen
Clayton Thomas? More like Clayton Thief. 🥴
by: Mia King
Clayton Thomas out here stealing from investors like it's a hobby. Disgusting. 🤦♂️