Legal Opinion

Chimkama Ibe v. Joseph Nantomah and Investors Capital LLC

District Court, E.D. Wisconsin

Decided November 14, 2025No. 2:24-cv-00388Unknown

1Opinion

UNITED STATES DISTRICT COURT EASTERN DISTRICT OF WISCONSIN CHIMKAMA IBE, Plaintiff, v. Case No. 24-CV-388-SCD JOSEPH NANTOMAH and INVESTORS CAPITAL LLC, Defendants. DECISION AND ORDER ON PLAINTIFF’S MOTION FOR SUMMARY JUDGMENT Chimkama Ibe lost substantial sums of money investing in what turned out to be a Ponzi scheme orchestrated by Joseph Nantomah and his investment company, Investors Capital LLC. After Nantomah failed to pay back Ibe’s investment or her promised return, Ibe sued Nantomah and his LLC in federal court, asserting claims for breach of contract, civil theft, deceptive trade…

2Cases cited27 opinions

  1. Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
  2. Skiba v. Ill. Cent. R.R. Co.Court of Appeals for the Seventh Circuit · 2018
  3. Tietsworth v. Harley-Davidson, Inc.Wisconsin Supreme Court · 2004
  4. Scott Weaver v. Champion Petfoods USA Inc.Court of Appeals for the Seventh Circuit · 2021
  5. In Re Andrew J. Kontrick, Debtor-AppellantCourt of Appeals for the Seventh Circuit · 2002

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