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Cases / Real estate

Glenn C. Mueller

ReportedSep 5, 2019
LocationChicago, IL
Amount$41,000,000

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
Northridge Holdings Ltd., Southridge Holdings Ltd., Eastridge Holdings Ltd., Brookstone Investment Group Ltd., Guardian Investment Group Ltd., Unity Investment Group Ltd., Amberwood Holdings L.P.
Industry
Real estate promissory notes (some marketed as "CDs") for multi-unit properties
How investors were recruited
Paid "finders" who referred investors; 300+ mostly unaccredited, retirement-age investors nationwide
Pitch & red flags
Notes marketed as "CDs"; described as "safe" and "low risk"; funds to "purchase and renovate multi-unit real estate properties"

Pitch phrases from this case

Source

SEC official

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