Enviro Board Corporation: Glenn B. Camp, William J. Peiffer, & Joshua D. Mosshart – Agricultural Waste Fraud
Glenn B. Camp, William J. Peiffer, and Joshua D. Mosshart of Enviro Board Corporation Allegedly Raised $6 Million under the Auspices of False Claims that They Could Recycle Agro-Waste into Environmentally-Friendly Building Materials
Glenn B. Camp, 59, of Thousand Oaks, William J. Peiffer, 62, of Haddonfield, N.J., and their former fund raiser and so-called “titular president,” of Enviro Board Corporation, Joshua D. Mosshart, 43, of Malibu, allegedly raised $6 million under allegedly phony claims that they could take agro-waste and turn it into environmentally friendly building materials, according to a recent SEC Complaint currently under review by attorneys Alan Rosca and James Booker.
The SEC further alleges the Enviro Board Corporation founders took in $2.6 million in “purported compensation” even though they did not have the aforementioned abilities to convert the waste after being in the business for over 20 years, the SEC notes.
The Peiffer Rosca Wolf securities lawyers are currently investigating Joshua D. Mosshart and his Enviro Board Corporation’s alleged agro-waste scheme.
Joshua D. Mosshart, Who Formerly Held Three Securities Licenses, Allegedly had been Barred by FINRA for Referring Investors to Enviro Board; Enviro Board Allegedly Consistently Failed to Commercialize its Technology
Camp and Peiffer held no SEC registration in any capacity, but Mosshart, who previously held three securities licenses, was barred by FINRA for allegedly referring customers to Enviro Board, according to an SEC Complaint currently under review by attorneys Alan Rosca and James Booker
Despite being founded in 1997, the company “consistently failed” for nearly two decades to successfully utilize its technology, but the defendants still managed to raise $6 million regardless, with a litany of false promises, the SEC also notes.
Enviro Board also showed projections of huge profits to investors, showing near-immediate, eight-figure profits including approximately $32.3 million in the company’s first year of operation, $56.3 million at the end of year two, and $95.2 million by the conclusion of year three, the SEC also reports.
Securities Lawyers Investigating
The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of alleged securities fraud scams and are currently investigating Joshua D. Mosshart and his Enviro Board’s alleged agro-waste fraud scheme. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.
Investors who believe they lost money as a result of Joshua D. Mosshart and his Enviro Board’s alleged agro-waste fraud scheme may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520.