Independent research site. Not affiliated with the SEC, CFTC, DOJ, FBI or any government agency.

Cases / Real estate

Mike Watson Capital LLC, Mike Watson Investments LLC

Michael P. Watson, Joshua F. Escobedo

ReportedMar 23, 2011
LocationMapleton, UT
Amount$27,500,000

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
Mike Watson Capital LLC, Mike Watson Investments LLC
Industry
Real estate promissory notes
How investors were recruited
Nationwide real estate investment seminars advertised locally and online, aimed at realtors and the public
Pitch & red flags
Notes paying 8-20% a year; claimed funds were "safe" given real estate equity; "never lost an investment dollar"; "over 1,000 closings"

Pitch phrases from this case

Source

SEC official

Related cases · Real estate

All real estate cases →

Other cases in Utah

All Ponzi scheme cases in Utah →