Tagged with "real estate"

SEC Charges Denver Real Estate Developer with Securities Fraud

Posted on September 6th, 2022 at 12:53 PM
SEC Charges Denver Real Estate Developer with Securities Fraud

The Securities and Exchange Commission (SEC) has charged a Denver real estate developer, WDC Holdings LLC, as well as its owner, Robert Watson, for allegedly misrepresenting their investments in securities offerings to fund ten distinct real estate projects. 

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SEC Charges Real Estate Company and its Founder with $8.75 Million Offering Fraud

Posted on September 3rd, 2019 at 5:03 PM
SEC Charges Real Estate Company and its Founder with $8.75 Million Offering Fraud

The Securities and Exchange Commission ("SEC") brought fraud charges against a real estate company, Hartman Wright Group, LLC and its founder, Tytus W. Harkins, for raising over $8 million in an unregistered real estate-based offering fraud.

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SEC Charges Three Texas Businessmen with Orchestrating $45 Million Real Estate Investment Fraud

Posted on January 30th, 2019 at 4:22 PM
SEC Charges Three Texas Businessmen with Orchestrating $45 Million Real Estate Investment Fraud

The SEC has charged Texas real estate developer Philip Michael Carter, investment manager Bobby Eugene Guess and his employee Richard Tilford with persuading hundreds of individuals to invest in real estate development companies and then using their funds to pay for personal expenses.

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SEC Charges Barred Broker for Orchestrating Real Estate Scam

Posted on October 6th, 2017 at 9:54 AM
SEC Charges Barred Broker for Orchestrating Real Estate Scam

Former broker Leonard Vincent Lombardo of Long Island, New York, along with his company and business partner, has agreed to settle charges with the SEC for perpetrating an alleged real estate investment scam.

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Thank You from the bottom of our hearts for all you have done for us. When we realized this was a very bad investment - we did not know where to turn for help. Then we received your name. When we called you - you were so kind to us and then agreed to help us. For this we are so very grateful. The world would be a much nicer place if there were more people like the two of you in it. We will always remember all the help and kindness you have shown us. Thank you so very very much for everything.

Wayne and Judy S.

LATEST NEWS AND ARTICLES

April 18, 2024
SEC Fines Target Off-Channel Communications

The Securities and Exchange Commission (SEC) is ramping up its enforcement efforts targeting off-channel communications, particularly text messages, among investment advisory firms.

April 17, 2024
B. Riley Financial Again Delays Filing Audited Results

B. Riley Financial Inc. has encountered a setback in filing its audited results within an extended timeframe, adding to existing pressure amid concerns raised by short sellers regarding its association with a former business partner.

April 16, 2024
Former Wells Fargo Advisor Accepts Industry Bar Amidst Misuse of Client Funds Allegations

A former advisor with Wells Fargo Advisors Financial Network (FiNet) in Chicago, Jayson R. Pocius, has agreed to accept an industry bar rather than cooperate with a
Financial Industry Regulatory Authority (FINRA) investigation into allegations of misusing client funds.