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Cases / Real estate

EquiAlt LLC

Brian Davison, Barry Rybicki

ReportedFeb 18, 2020
LocationTampa, FL
Amount$170,000,000

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
EquiAlt LLC
Industry
Real estate investment funds (debentures)
How investors were recruited
Retail investors, including elderly individuals, sold through unregistered sales agents
Pitch & red flags
promised 8-10% annual interest; claimed about 90% of funds would buy "undervalued real estate" to rent or flip

Pitch phrases from this case

Source

SEC official

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