Marked as
Published - December 11, 2025
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Anchor State Investments LLC, later renamed Anchor State Capital LLC, was a Rhode Island–based firm founded by Christopher Aubin that claimed to offer high-interest, short-term real-estate loans. The company lacked formal securities registration, and in 2025 the SEC filed a civil fraud complaint alleging it raised about $2.5 million from investors while making few real loans and diverting funds to...
Owner
High Risk
Based on the available data, we advise consumers to avoid this Company altogether.
This advisory is based on an aggregate risk score derived from OSINT, Adverse Media, Reviews, and Risk Factors identified in our research.
You are likely to be at great risk by engaging in any sort of consumer-related activity with this entity.
Based on the available data, we recommend that employees exercise extreme caution or reconsider association with this Company.
This advisory stems from an aggregate risk score compiled from OSINT, Adverse Media, Reviews, and Risk Factors uncovered in our analysis.
You are likely to face significant risks by pursuing or maintaining employment with this entity.
Based on the available data, we urge investors and bankers to avoid financial involvement with this Company.
This advisory is informed by an aggregate risk score based on OSINT, Adverse Media, Reviews, and Risk Factors identified through our investigation.
Engaging in investment or lending activities with this entity poses a substantial risk to your financial interests.
Safe to Onboard
Enhanced Due Diligence required
Do Not Onboard
Monitor adverse media every 6 months
File SAR (Suspicious Activity Report) is warranted
Escalation to compliance committee
None
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Private
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The U.S. Securities and Exchange Commission (SEC) filed a civil complaint in May 2025 alleging that Anchor State misused investor funds and made false or misleading statements.
The SEC says few real loans existed and most investor funds were allegedly diverted to earlier investors or the founder’s personal expenses.
Investment contracts offered returns of 12 %–19 % over short periods (one to eight months), a classic “high-return, short-term” pitch that often signals elevated risk or fraud.
The SEC complaint notes that Anchor State was not properly registered, rendering its securities offering unregistered, which is a common trait among fraudulent schemes.
At least one investor reported receiving initial payouts and rolling over the principal, but later attempts to withdraw funds failed and payments stopped.
Multiple civil lawsuits have been filed by investors claiming non-payment, bounced checks, fake wire transfers and misuse of funds.
Regulatory and Compliance Screening
Litigation and Legal Proceedings
Reputational and Adverse Media Risks
Geographic and Jurisdictional Risk
What you see here scratches the surface
We offer reward for actionable intel
Anchor State Investments LLC accused of misleading investors and operating a Ponzi-style scheme.
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Anchor State Investments LLC accused of investor fraud — SEC charges allege $2.5 M scheme misusing funds.
Anchor State accused of misleading investors and misusing funds in SEC enforcement action.
Other Red-Flags and Adverse News
Based on user engagement on this review profile, ProConsumer will decide to publish its Risk Audit report for public if a threshold engagement, traffic and user input is achieved.
Known Assets: [Real estate, investments, companies]
Suspicious Transactions
Liabilities: [Bankruptcies, defaults, debts]
Wealth Sources: [Legitimate / Unclear / High-risk]
Bank Relationships
Ultimate Beneficial Owner(s) (UBOs)
Shareholding structure
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Offshore / shell company links
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Business Model Assessment
All comments are user-generated content and may not be verified. They represent the personal opinions of the public and should not be relied upon. These comments do not influence or determine our overall rating.
1.3
1.7
2
2.3
Highly experienced
Well-recognized name
Faced allegations of scamming others
Allegedly sold fake silver
Sued multiple times
Unregulated industry
Alarming number of complaints online
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This whole Anchor State thing screams red flag. The SEC literally filed a fraud complaint alleging more than $2.5M was raised with promises of big returns and then used on personal luxury expenses. That alone makes me question everything.
2/5
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From April 2023 to December 2024, Anchor State Investments LLC solicited funds under deceptive pretenses, targeting individuals including military veterans with promises of secure alternative financing.The SEC complaint details diversion of investor capital away from stated purposes, resulting in widespread non-repayment and financial distress for participants.
Anchor State Investments LLC faces SEC charges for securities fraud, raising $2.5 million through misleading statements and diverting funds to personal expenses in a Ponzi-like scheme.The company's unregistered securities offerings and minimal actual loans, despite high-return promises, have led to investor lawsuits and substantial financial harm.
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