SEC Charges Two Oregon Residents and Their Related Entities with $10 Million Ponzi-Like Scheme

The Securities and Exchange Commission today charged Oregon residents Robert D. Christensen and Anthony M. Matic, as well as several companies they controlled, with conducting a multi-year Ponzi-like scheme and misleading investors who purchased more than $10 million in promissory notes. According to the SEC’s complaint, from at least January 2018 through September 2022, Christensen and Matic used four entities that they founded – Foresee Inc., The Commission PDX LLC, The Policy PDX LLC, and Innings 150 LLC – to raise money from retail investors, including several retirees, for the purported purpose of investing in real estate. Christensen and Matic allegedly raised this money through the offer and sale of unregistered promissory notes, which promised high interest rates between nine and 15 percent to be paid to investors, in addition to the return of all principal, within just a few months.