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Cases / Real estate

Panoramic View Resort & Residences

Brian R. Callahan, Adam J. Manson

ReportedAug 1, 2013
LocationOld Westbury, NY
Amount$96,000,000

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
Panoramic View Resort & Residences
Industry
Hedge funds / Montauk resort development
How investors were recruited
Investors included a Long Island fire department
Pitch & red flags
money to go into "mutual funds, hedge funds and other securities" and "low-risk securities"

Pitch phrases from this case

Source

U.S. Department of Justice official

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