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Cases / Lending & cash advance

Labra Group Realtors LLC

Michelle Labra

ReportedDec 21, 2018
LocationYorkville, IL
Amount$23,000,000

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
Labra Group Realtors LLC
Industry
Short-term high-interest loans secured by borrowers' residences
Pitch & red flags
Promised "at least 14% interest on the loan" plus full principal and service fees; no actual borrower agreements existed

Pitch phrases from this case

Source

U.S. Department of Justice official

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