New York City, New York One Embarcadero Center Suite 2300 San Francisco, California 43 Upper Grosvenor Street Amerindo Investment Advisors Inc. was an Investment services firm, best known for making large profits during the Dot-com boom of the 1990s and 2000s.

[4] Vilar's financial strategy included investing in purchasing shares of companies shortly after their initial public offering.

[5] Vilar gained a lot of press for declaring the internet to be "bigger than the Industrial Revolution.

"[6] Instead, these funds were invested in risky dot com ventures, and the fund lost large sums after the 2000 dot-com bust, which meant that Amerindo couldn't repay the investors, costing investors millions of dollars.

[6] During the investigation, Vilar lied to the SEC, claiming that Cates wasn't a client and that he did not own the Panamanian subsidiary.