Updated about 1 year ago on . Most recent reply
If it’s too good to be true
I posted about the head scratching returns this company was offering in the past as they were alleging 10% per quarter - yep that’s 40% annualized and they would let it compound
$300M raised - why? Because people fall in love with returns and do not ask how is that possible…
Of course investigation is ongoing but this is all alleged.
https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26076
- Chris Seveney
Most Popular Reply
I think that the red flag for me is when a syndicator who has no/few exits starts living it up.
Syndicators who brag about their instagram lifestyles without a big old pile of exits... probably bought that lifestyle with their investor's money, whether Ponzi scheme or exorbitant acquisition/management fees.
That... or selling high ticket coaching items on the power of real estate.
