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Cases / Real estate

Vaughan Company Realtors

Douglas F. Vaughan

ReportedFeb 25, 2011
LocationAlbuquerque, NM
Amount$76,000,000

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
Vaughan Company Realtors
Industry
Real estate company promissory notes
How investors were recruited
Notes marketed to about 600 investors as a way to fund the real estate business's growth
Pitch & red flags
Notes marketed as "actually or virtually risk-free" with company guarantee, personal guarantee and a $2.5M deed of trust; "guaranteed rate of return"; interest of 8% to 40% a year

Pitch phrases from this case

Source

FBI official

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