The man we investigated said he was a “self-made millionaire” and “one of the wealthiest and most successful real estate gurus of all time”. He was not. He had owned a modest home, was a defendant in a Securities Litigation and Business Tort case, and more important, was suspected in his wife’s death from an overdose of prescription medication.
With huge sums at stake, an investment banker in the running to become an advisor for a pivotal “roll up” that would acquire multiple companies wasn’t what he seemed. We found an insider trading conviction in his past.
The “lender” had asked our client to wire significant funds for “due diligence” on a project he was hoping to finance. We found that the lender had previously spent 32 months in prison for forgery and other misdeeds, and the lending company’s assets did not exist.