SEC halts real estate Ponzi scheme in Mormon community – Housing Wire
 AFP |
SEC halts real estate Ponzi scheme in Mormon community
Housing Wire "Wendell and Allen Jacobson misled investors to believe they were financially supporting what was portrayed as a widespread and reputable operation to revamp apartment communities and turn a significant profit," said Ken Israel, director of the SEC … SEC Halts Father-Son Ponzi Scheme in Utah Involving Purported Real Estate … Father, son used Mormon connections to commit $ 220M Ponzi scheme, SEC says Father, son used Mormon connections to commit $ 220M Ponzi scheme |
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