Gentry Brothers Tractor Supply, LLC owned by Jeffrey Lynn Gentry – Charges Filed by US Attorney | Goodman & Nekvasil P.A. May Recover Investor Losses
US Attorney Charges Jeffrey Lynn Gentry, owner of Gentry Brothers Tractor Supply, LLC
ACCORDING TO THE SEC:
Defendant JEFFERY LYNN GENTRY was a resident of White County, Tennessee, and owned and operated Gentry Brothers Tractor Supply, LLC and Gentry Auto, LLC.
GENTRY BROTHERS TRACTOR SUPPLY, LLC was a full-service tractor supply business, offering a wide variety of tractors, equipment, and parts for sale or servicing. Gentry Auto, LLC was a used car business established by JEFFERY LYNN GENTRY in 2016.
Beginning as early as 2012, and continuing through on or about December 12, 2016, in the Middle District of Tennessee and elsewhere, JEFFERY LYNN GENTRY knowingly and with the intent to defraud, executed and attempted to execute a scheme and artifice to defraud, and to obtain money and property from investors by means of material false pretenses, representations, and promises, and by acts of concealment of the scheme, and in furtherance thereof used interstate wires, which scheme is further described in the following paragraphs.
It was a principal goal of the scheme and artifice to defraud for JEFFERY LYNN GENTRY to obtain investor funds by falsely representing that investors would receive high rates of return following the fulfillment of state contracts by JEFFERY LYNN GENTRY, through GENTRY BROTHERS TRACTOR SUPPLY, LLC, when, in fact, JEFFERY LYNN GENTRY knew that no such state contracts existed and that he intended to divert investor money for his own personal use.
It was part of the scheme and artifice to defraud that JEFFERY LYNN GENTRY falsely represented to investors, customers, friends, acquaintances, and family members, many of whom lived in White County, Tennessee, that, through GENTRY BROTHERS TRACTOR SUPPLY, LLC, he was bidding on and winning contracts from various states, including Tennessee, to supply equipment, including tractors, lawnmowers, and other farm-related equipment.
It was further part of the scheme and artifice to defraud that JEFFERY LYNN GENTRY solicited investors, customers, friends, acquaintances, and family members to invest in GENTRY BROTHERS TRACTOR SUPPLY, LLC by falsely representing that the money they invested would provide capital to fund the purchase of tractors, lawn mowers, and other farm-related equipment, which GENTRY BROTHERS TRACTOR SUPPLY, LLC would then use to satisfy state contracts and produce significant profits.
Through his scheme and artifice to defraud, JEFFERY LYNN GENTRY convinced more than fifty individuals to invest funds totaling approximately $43 million in the fictitious and fraudulent investment scheme and caused investor-victims to suffer a cumulative financial loss of more than approximately $10 million.
Investors in Gentry Brothers Tractor Supply, LLC May Recover their Losses with Goodman & Nekvasil, P.A.
If you invested in Gentry Brothers Tractor Supply, LLC, Goodman & Nekvasil, P.A. may help you. Goodman & Nekvasil, P.A., a Clearwater, Florida, law firm with a national practice representing victimized investors, has recovered more than $180 million dollars on behalf of victimized investors.
All our cases are handled on a purely contingency fee basis by Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA. Kalju Nekvasil, Esq. has practiced in this area of the law for more than 35 years.
There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.
If you incurred investment losses in Gentry Brothers Tractor Supply, LLC and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.
Investment Fraud Attorney, Stockbroker Misconduct Disciplinary Actions, Unsuitable Investment Advice, Investment Fraud, Churning, Misrepresentation and Omission of Material Facts, Elder Fraud, Unauthorized Trading, Theft, Selling Away, Unapproved Outside Business, Nationwide, PIABA, SEC, Securities Exchange Commission, NASD, National Association of Securities Dealers, NASDAQ, Dow Jones, Wall Street, New York Stock Exchange