Fla. Real Estate Co.'s Assets Frozen After $56M Ponzi Claims

By Sarah Jarvis · August 21, 2024, 7:17 PM EDT

The U.S. Securities and Exchange Commission has secured an asset freeze in its suit against a Florida-based real estate investment company whose managers misused tens of millions of investor proceeds, including...

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Documents

Complaint

Case Information

Case Title

Securities and Exchange Commission v. Wells Real Estate Investment, LLC et al

Case Number

Court

Florida Southern

Nature of Suit

Securities/Commodities

Date Filed

August 12, 2024

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