Professional Financial Investors Inc
Lewis I. Wallach
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
- Professional Financial Investors Inc
- Industry
- Multi-unit residential and commercial real estate funds
- How investors were recruited
- Direct solicitation; over 1,300 investors, many elderly and retired
- Pitch & red flags
- Told funds would be "used primarily to invest in multi-unit residential and commercial real estate"; assured investors the company was "in a financially strong position"
Pitch phrases from this case
- “in a financially strong position”
- “used primarily to invest in multi-unit residential and commercial real estate”