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Sean Kelly
CEO at Red Rock Secured
Sean Kelly, also known as Shade-Johnson Kelly or Shade L. Kelly-Johnson, was the CEO and owner of Red Rock Secured, a precious metals dealer based in El Segundo, California.13 He founded the company in 2009 after the 2008 market crash, with the stated goal of helping clients protect their retirement accounts from market risks.2
Kelly's career history includes:
- Working at PPI in the Chicago Board of Trade before 20082
- Founding Red Rock Secured in 20092
- Serving as President of Red Rock Secured from January 2017 to May 20185
- Becoming CEO of Red Rock Secured in June 20185
Prior to Red Rock, Kelly worked as a Sr. Account Executive at Merit Gold from January 2010 to August 2014, where he was a top performer.5
However, in May 2023, the SEC charged Kelly, along with Red Rock Secured and other executives, in connection with a fraudulent scheme targeting retirement accounts.1 The complaint alleged that they convinced investors to sell securities in their retirement accounts to buy gold and silver coins at significantly higher markups than promised.1
In April 2024, a consent order was entered against Kelly and Red Rock Secured by the U.S. District Court for the Central District of California. The order found them liable for fraudulent misrepresentations and unlawful investment advice related to precious metals sales.4 As a result, Kelly and the company were required to pay substantial restitution, disgorgement, and civil penalties, and were barred from trading in CFTC-regulated markets and acting as investment advisers in California and Hawaii.4
As of February 2025, Kelly's LinkedIn profile lists him as associated with American Coin Co5, suggesting a change in his professional affiliation following the legal actions against Red Rock Secured.