SEC Shuts Down San Diego-Based Real Estate Investment Fraud

Washington, D.C. – September 10, 2012 – (RealEstateRama) — The Securities and Exchange Commission today announced an asset freeze against a San Diego-based firm and its owner accused of running a real estate investment fraud that raised approximately $50 million from hundreds of investors nationwide


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The mission of the U.S. Securities and Exchange Commission (SEC) is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.

Contact:

SEC Headquarters
100 F Street, NE
Washington, DC 20549
Phone: (202) 942-8088

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