SEC
Whistleblower
Advocates

October 30, 2014

Timothy J. Coughlin, OICU Ltd., OICU Investments Corp., American Quality Cleaning Services, Inc. (d/b/a "Oxford Privacy Group"), Avocalon, LLC

Offering Fraud

SANCTION AMOUNT: $16,278,759

Defendants: OICU Ltd., OICU Investments Corp., American Quality Cleaning Services, Inc. (d/b/a "Oxford Privacy Group"), Avocalon, LLC
Timothy J. Coughlin

Ponzi scheme operated over the internet through two entities, formed in Panama and the Commonwealth of Dominica, respectively, collecting investments exceeding $12.8 million from more than 5,000 investors. They were deceived into believing they were investing in an offshore credit union, but it actually did not exist.

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