Officials said that Slothower devised a scheme to misappropriate more than $1 million from clients and prospects. While operating Battery Private, Slothower solicited business from a couple from California whose money he had managed at another financial services firm where he was previously employed. Slothower promised the victims he could beat any rate of return they were receiving, without market risk. In 2017, he offered to invest Victim-1’s money into what Slothower described as bonds backed by homeowner’s association fees, known as HOA bonds, which would pay an 8% return.   Read the article…………………………….