Darin Pastor
Darin Richard Pastor | |
|---|---|
| Born | February 19, 1971 |
| Died | March 25, 2023 (aged 52) |
| Occupation(s) | Entrepreneur, business executive |
| Known for | Chairman and CEO of Capstone Financial Group, Inc.; former senior vice president at JPMorgan Chase |
Darin Richard Pastor (born February 19, 1971 – died March 25, 2023) was an American entrepreneur and business executive who held the positions of Chairman and CEO at Capstone Financial Group, Inc. Earlier in his career, he occupied high-level roles at JPMorgan Chase.
On August 18, 2022, a federal grand jury charged Pastor with conspiracy to commit wire fraud and securities fraud. Investigators claimed he created and maintained a deceptive Wikipedia profile to bolster assertions of his financial status, thereby persuading prospective investors in Capstone Group.
Education
Pastor pursued studies in psychology and sociology at Drexel University and took part in the executive education program at the Wharton School of the University of Pennsylvania.
Career
He worked for four years at JPMorgan Chase & Co., serving as senior vice president and senior investment manager. In 2010, Pastor assumed the role of territory sales manager at Colonial Life & Accident Insurance Company.
In October 2012, Pastor partnered with five financial advisors to establish Capstone Affluent Strategies.
In 2013, Pastor submitted a proposal to purchase the NHL’s Phoenix Coyotes franchise; however, the NHL declined the offer due to unmet minimum qualification standards.
Criminal charges
In August 2018, Pastor received a probation sentence following an incident involving inappropriate physical contact with a woman during a flight.
On August 18, 2022, he and an associate were indicted by a federal grand jury on conspiracy charges related to wire fraud and securities fraud. Authorities indicated that Pastor managed a fraudulent Wikipedia entry to enhance claims regarding his wealth, influencing investments in Capstone Group. The alleged scheme originated in 2013 when Pastor and Halford W. Johnson acquired Creative App Solutions, a publicly traded entity later renamed Capstone Financial Group. From 2013 through 2017, approximately 95 investors collectively invested $19 million in Capstone stock based on misleading information about the company’s assets.
Family
The Pastor family previously owned Pepsi-Cola Buffalo Bottling Corp., a regional distributor of Pepsi products that was sold in 2002.