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Tag: Kelly Ng

Another Real Estate Ponzi Scheme From 2008

Doug Cornelius August 5, 2014 Compliance Programs   [+]

The 2008 financial crisis caused many real estate investment funds to run into trouble. Some fund managers stepped over the line hoping to wait out the turmoil and recover. The Securities and Exchange Commission finalized charges against a fund manager who hoped to divert funds to stay liquid during the turmoil. According to the SEC’s … Read more »

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