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Cases / Real estate

Pinnacle Development Partners LLC

Gene A. O'Neal

ReportedOct 11, 2006
LocationAtlanta, GA
Amount$30,000,000

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
Pinnacle Development Partners LLC
Industry
Real estate partnerships and notes (buy, repair and flip foreclosed homes)
How investors were recruited
Nationwide advertising campaign
Pitch & red flags
Promised 25% return within 45-60 days, a second 25% and return of capital by 90 days; properties to be resold "within 45 to 60 days"

Pitch phrases from this case

Source

SEC official

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