Diversified Management Consultants
Michael Bolden, Christopher Jackson, Victor Alvarado, Nicholo Arceo, Erica Arceo
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
- Diversified Management Consultants
- Industry
- Real estate ventures / investment clubs
- How investors were recruited
- Victims were persuaded to refinance their homes and invest the proceeds (per CBS Sacramento on Jackson's 2010 arrest).
- Pitch & red flags
- Investment clubs told money would buy property and build structures for a real estate venture and help members save homes from foreclosure; "promise of substantial return on their investments" (FBI); retirement funds tapped via a self-directed IRA administrator