Independent research site. Not affiliated with the SEC, CFTC, DOJ, FBI or any government agency.

Cases / Real estate

Hawthorne Capital Corporation, Hawthorne Abstract, Rapid Abstract

Frederick Tropeano

ReportedJul 6, 2011
LocationHolmdel, NJ
Amount$7,500,000

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
Hawthorne Capital Corporation, Hawthorne Abstract, Rapid Abstract
Industry
Mortgage refinance / title abstract funds
How investors were recruited
More than 40 homeowners looking to lower their mortgage payments, solicited through Hawthorne Capital
Pitch & red flags
offered to "refinance their existing mortgage at a much lower rate" with new loan proceeds to "be used to satisfy the original mortgage"

Pitch phrases from this case

Source

nt.gmnews.com

Related cases · Real estate

All real estate cases →

Other cases in New Jersey

All Ponzi scheme cases in New Jersey →