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SEC accuses retail centers' owner of fraud – Indianapolis Business Journal - Vimarsana News

SEC accuses retail centers' owner of fraud – Indianapolis Business Journal

The founder of an Arizona real estate company with scores of retail centers across the country—including seven in the Indianapolis area with a total of nearly 500,000 square feet—is facing federal allegations that he committed a $35 million fraud.

Source: ibj.com
SEC says owner of Belleville Crossing's main strip mall fleeced his investors of millions - Vimarsana News

SEC says owner of Belleville Crossing's main strip mall fleeced his investors of millions

He spent it on luxury homes, yachts and jets, according to fraud charges filed in federal court.

Source: yahoo.com