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Cases / Real estate

Mulholland Financial

James Mulholland, Thomas Mulholland

ReportedOct 22, 2012
LocationMidland, MI
Amount$18,300,000

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
Mulholland Financial
Industry
Real estate rental properties in college towns
How investors were recruited
Direct solicitation; in late 2009 urged previous investors to reinvest
Pitch & red flags
"7-percent rate return"; "principal and interest guaranteed"; liquidity "within 30 days"

Pitch phrases from this case

Source

SEC official

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