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Cases / Real estate

Imagination Construction Company

Alexander Avergoon

ReportedJan 3, 2022
LocationSan Diego, CA
Amount$12,000,000

This entry summarizes public reporting and government filings. Charges and civil complaints are allegations unless a court has entered a conviction or judgment — check the source for the current status.

Company / entity
Imagination Construction Company
Industry
Rental property income and short-term real estate loans
How investors were recruited
Used reputation as a San Diego real estate agent to reach retirees seeking passive income
Pitch & red flags
monthly dividends from rental income; "short-term, low-risk" loans secured by high-end homes

Pitch phrases from this case

Source

U.S. Department of Justice official

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