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Cases / Real estate

Walkwood Properties

Darrell Underwood, Cynthia Underwood

ReportedOct 6, 2009
LocationChesterfield, VA
Amount$18,400,000

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
Walkwood Properties
Industry
Real estate / foreclosure property investment program
How investors were recruited
Walkwood offered homeowners help avoiding foreclosure, then solicited investments from individuals
Pitch & red flags
Promised "returns of up to 50 percent within 60-120 days"

Pitch phrases from this case

Source

FBI official

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