Cases / Investment funds & advisory
The Mortgage Store, The Parking Lot
George Lindell, Holly Hoaeae
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
- The Mortgage Store, The Parking Lot
- Industry
- "The Parking Lot" investment pool purportedly in bonds
- How investors were recruited
- Mortgage clients; refinanced investors' homes for more than owed and had them invest the equity
- Pitch & red flags
- "between six and 8% return"; described as a safe investment in bonds
Pitch phrases from this case
Source
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