Comments on: U.S. Securities and Exchange Commission Charges Pinnacle Development Partners, LLC With Fraud http://www.biggerpockets.com/renewsblog/2006/10/11/us-securities-and-exchange-commission-charges-pinnacle-development-partners-llc-with-fraud/ Learn, Network, Invest Mon, 23 Nov 2009 17:19:26 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Elsa Pardo http://www.biggerpockets.com/renewsblog/2006/10/11/us-securities-and-exchange-commission-charges-pinnacle-development-partners-llc-with-fraud/comment-page-1/#comment-53557 Elsa Pardo Thu, 10 Jan 2008 00:24:42 +0000 http://www.biggerpockets.com/renewsblog/2006/10/11/us-securities-and-exchange-commission-charges-pinnacle-development-partners-llc-with-fraud/#comment-53557 Hola Serafin: Yo tambien inverti $5,000 y me devolvieron algo, estoy esperando el resto. Escribame a mi email eipardo2002@yahool.com o llameme al 305 953 5597. Elsa Hola Serafin:

Yo tambien inverti $5,000 y me devolvieron algo, estoy esperando el resto. Escribame a mi email eipardo2002@yahool.com
o llameme al 305 953 5597.

Elsa

]]> By: Joshua Dorkin http://www.biggerpockets.com/renewsblog/2006/10/11/us-securities-and-exchange-commission-charges-pinnacle-development-partners-llc-with-fraud/comment-page-1/#comment-15001 Joshua Dorkin Thu, 07 Dec 2006 23:15:56 +0000 http://www.biggerpockets.com/renewsblog/2006/10/11/us-securities-and-exchange-commission-charges-pinnacle-development-partners-llc-with-fraud/#comment-15001 SERAFIN - There is discussion about the topic and other issues about Pinnacle at: http://forums.biggerpockets.com/viewtopic.php?t=4009 SERAFIN – There is discussion about the topic and other issues about Pinnacle at:
http://forums.biggerpockets.com/viewtopic.php?t=4009

]]> By: Serafin Fernandez http://www.biggerpockets.com/renewsblog/2006/10/11/us-securities-and-exchange-commission-charges-pinnacle-development-partners-llc-with-fraud/comment-page-1/#comment-15000 Serafin Fernandez Thu, 07 Dec 2006 23:01:28 +0000 http://www.biggerpockets.com/renewsblog/2006/10/11/us-securities-and-exchange-commission-charges-pinnacle-development-partners-llc-with-fraud/#comment-15000 I am a small time investor from Miami who's lost 80k out of this scam. Is there a chance for a class action law suit? Do I have any hope in getting something back? I am a small time investor from Miami who’s lost 80k out of this scam. Is there a chance for a class action law suit? Do I have any hope in getting something back?

]]> By: matt kocan http://www.biggerpockets.com/renewsblog/2006/10/11/us-securities-and-exchange-commission-charges-pinnacle-development-partners-llc-with-fraud/comment-page-1/#comment-8680 matt kocan Fri, 03 Nov 2006 12:40:06 +0000 http://www.biggerpockets.com/renewsblog/2006/10/11/us-securities-and-exchange-commission-charges-pinnacle-development-partners-llc-with-fraud/#comment-8680 I HAVE INVESTED IN PINNACLE FOR 9 MONTHS AND HAVE BEEN TAKEN FOR ALL MY SAVINGS $15,000.00. IT IS NOT AS MUCH AS A LOT OF OTHER INVESTERS. BUT EVERY INVESTOR WAS AN UNFORTINATE VICTIM. BUT WHAT ARE WE GOING TO DO ABOUT IT NOW? WE NEED TO RIDE THE FIRM OF ATTORNEYS FROM HAYES COUNSULTING BEFORE THEY SUCK UP 14 MIL IN ATTOURNEY FEES. ALL THE PROPERTIES, CARS, OFFICE SUPPLIES NEED TO BE LIQUIDATED ASAP. SO ALL THE INVESTORS CAN GET SOMETHING BACK. IF WE LET THIS GO ON FOR 1-2 YEARS WE ARE BEING CONNED A 2ND TIME. I HAVE INVESTED IN PINNACLE FOR 9 MONTHS AND HAVE BEEN TAKEN FOR ALL MY SAVINGS $15,000.00. IT IS NOT AS MUCH AS A LOT OF OTHER INVESTERS. BUT EVERY INVESTOR WAS AN UNFORTINATE VICTIM.
BUT WHAT ARE WE GOING TO DO ABOUT IT NOW? WE NEED TO RIDE THE FIRM OF ATTORNEYS FROM HAYES COUNSULTING BEFORE THEY SUCK UP 14 MIL IN ATTOURNEY FEES. ALL THE PROPERTIES, CARS, OFFICE SUPPLIES NEED TO BE LIQUIDATED ASAP. SO ALL THE INVESTORS CAN GET SOMETHING BACK. IF WE LET THIS GO ON FOR 1-2 YEARS WE ARE BEING CONNED A 2ND TIME.

]]> By: Gerie Stanko http://www.biggerpockets.com/renewsblog/2006/10/11/us-securities-and-exchange-commission-charges-pinnacle-development-partners-llc-with-fraud/comment-page-1/#comment-8401 Gerie Stanko Thu, 26 Oct 2006 18:57:38 +0000 http://www.biggerpockets.com/renewsblog/2006/10/11/us-securities-and-exchange-commission-charges-pinnacle-development-partners-llc-with-fraud/#comment-8401 Pinnacle - Hays Consulting (www.haysconsulting.net) has been appointed the receiver for the SEC. There site suggests that they are collecting information for the SEC and after expenses are paid (theirs and others) money may be available. If you read the court order, Mr. O'Neal is receiving $12,000 per month for 3 months for "living expenses". Has any action been taken to secure a lawyer for the investors via a class action suit? Is it possible that no one is working to get Mr. O'Neal to either pay us all back or spend many years in jail for taking our money.We contacted Atty Martin Chitwood in Atlanta based on a referral, but he did not return our call. Is there a consolidate effort underway?? If you know a lawyer that would like to represent us, let us know. Pinnacle – Hays Consulting (www.haysconsulting.net) has been appointed the receiver for the SEC. There site suggests that they are collecting information for the SEC and after expenses are paid (theirs and others) money may be available. If you read the court order, Mr. O’Neal is receiving $12,000 per month for 3 months for “living expenses”.
Has any action been taken to secure a lawyer for the investors via a class action suit? Is it possible that no one is working to get Mr. O’Neal to either pay us all back or spend many years in jail for taking our money.We contacted Atty Martin Chitwood in Atlanta based on a referral, but he did not return our call. Is there a consolidate effort underway?? If you know a lawyer that would like to represent us, let us know.

]]> By: Paul Vincent http://www.biggerpockets.com/renewsblog/2006/10/11/us-securities-and-exchange-commission-charges-pinnacle-development-partners-llc-with-fraud/comment-page-1/#comment-8395 Paul Vincent Thu, 26 Oct 2006 14:35:06 +0000 http://www.biggerpockets.com/renewsblog/2006/10/11/us-securities-and-exchange-commission-charges-pinnacle-development-partners-llc-with-fraud/#comment-8395 Invested $100,000 in late July, Was advised that investment could be returned mid sept, either the promised $25,000, or the whole thing... Told them to re- invens entire amt. No response received... Will collect all documentation, and send to receivor on my returns from traveling..Any chance of bring law-suit to attemt recorery??? Invested $100,000 in late July, Was advised that investment could be returned mid sept, either the promised $25,000, or the whole thing… Told them to re- invens entire amt. No response received… Will collect all documentation, and send to receivor on my returns from traveling..Any chance of bring law-suit to attemt recorery???

]]> By: Lisa M sheehan http://www.biggerpockets.com/renewsblog/2006/10/11/us-securities-and-exchange-commission-charges-pinnacle-development-partners-llc-with-fraud/comment-page-1/#comment-8170 Lisa M sheehan Thu, 19 Oct 2006 23:47:40 +0000 http://www.biggerpockets.com/renewsblog/2006/10/11/us-securities-and-exchange-commission-charges-pinnacle-development-partners-llc-with-fraud/#comment-8170 I have invested in Pinnacle.Currently I am owed about 32,000. Will I received any of my investment back? I have invested in Pinnacle.Currently I am owed about 32,000. Will I received any of my investment back?

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