Articles Posted in Real Estate Investment Fraud

South Florida Real Estate Fraud Litigation and Arbitration Attorney. Securities and Exchange Commission v. Carl Keith Battie, No. 3:17-CV-01113-K (N.D. Tex filed Apr. 28, 2017) United States v. Carl Keith Battie, No. 3:16-CR-00051-D (N.D. Tex. filed October 24, 2016) SEC Announces Charges in Fraudulent Real Estate Investment Scheme The Securities and Exchange Commission announced that…

Boca Raton, Florida Real Estate Investment and Offering Fraud FINRA Arbitration and Litigation Attorney: SEC Charges Business Owner and Stockbroker in Maryland-Based Real Estate Offering Fraud The Securities and Exchange Commission today charged the owner of a Maryland-based real estate company with conducting an offering fraud and spending investor money on such personal expenses as…

South Florida Real Estate Fraud, Misrepresentation and Mismanagement Litigation and Arbitration Attorney: SEC Charges Former Stock Promoter With Defrauding Investors in Florida Real Estate Venture The Securities and Exchange Commission recently filed fraud charges against a former Florida-based stock promoter currently serving a two-year prison sentence for lying to SEC investigators. The SEC’s complaint filed…

Private Equity, Private Placement and Private Investment – South Florida Fraud, Misrepresentation and Mismanagement State and Federal Litigation and FINRA Arbitration Attorney: The Securities and Exchange Commission recently charged the former president of a purported private equity real estate firm based in San Bernardino, Calif., with defrauding nearly 500 investors who purchased promissory notes under…

Limited Partnership Breach of Contract, Breach of Fiduciary Duty, Mismanagement and Misrepresentation Commercial and Business State and Federal Court Litigation Attorney: A Limited Partnership is an organization made up of a General Partner, who manages the entity, and limited partners, who invest money but have limited liability, are who are not involved in the day-to-day…

Securities and Exchange Commission v. USA Real Estate Fund 1, Inc. and Daniel F. Peterson, Civil Action No. CV-13-157-LRS (E.D. Washington, filed Apr. 24, 2013) SEC Seeks to Halt Scheme Raising Investor Funds Under Guise of Jobs Act The Securities and Exchange Commission recently announced fraud charges against a Spokane Valley, Wash., company and its…

Securities and Exchange Commission v. Walter Ng, Kelly Ng, Bruce Horwitz, and The Mortgage Fund, LLC, Civil Action No. C-13 0895-NC (U.S. District Court for the Northern District of California) The Securities and Exchange Commission recently charged three Bay Area real estate fund managers with fraud for secretly using the assets of a new real…

SEC Charges Real Estate Executives in Florida-Based $300 Million Investment Scheme The Securities and Exchange Commission recently charged five former real estate executives who defrauded investors into believing they were funding the development of five-star destination resorts in Florida and Las Vegas when they were actually buying into a Ponzi scheme. The SEC alleges that…

Securities and Exchange Commission v. James C. Mulholland, Jr. and Thomas S. Mulholland, Civil Action No. 12-cv-14663 (E.D. Mich., filed October 22, 2012) SEC Charges Two in Michigan-based Fraudulent Securities Offering The Securities and Exchange Commission recently announced that it filed a civil injunctive action against brothers James Mulholland and Thomas Mulholland accusing them of…

Final Judgments Entered Against Derek F.C. Elliott On October 5, 2012 the Honorable James C. Mahan, United States District Judge for the District of Nevada, entered a Final Judgment against Derek F.C. Elliott (Elliott). On May 24, 2012, the United States Securities and Exchange Commission filed a complaint, in the United States District Court for…