Cases / Lending & cash advance
Alliance Group Entertainment
Mahmoud Karkehabadi (aka Mike Karkeh)
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
- Alliance Group Entertainment
- Industry
- Movie production loans (B-movie films)
- How investors were recruited
- Through California-based agents (Timothy Cho and Deanna Salazar)
- Pitch & red flags
- Promised returns of 18 to 35%; repayment within one year "regardless of a project's success"; sold securities "under the guise of a loan"
Pitch phrases from this case
Source
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