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Investors Overseas Service

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. Alleged diversion of IOS funds by Robert Vesco

    Robert Vesco became involved with IOS during its financial difficulties and was reported to have used approximately $500 million of IOS money to support investments in International Controls Corporation. After the use of the funds was discovered, Vesco fled to Costa Rica. The episode became a defining scandal in the organization's collapse.

    Source