Best Diamond Funding, Libreria del Exito Mundo
Milton Retana
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
- Best Diamond Funding, Libreria del Exito Mundo
- Industry
- Real estate investment / mortgage lending
- How investors were recruited
- Spanish-language magazine ads, internet marketing and weekly investment seminars in Los Angeles; targeted Spanish-speaking investors.
- Pitch & red flags
- "Seven percent of their invested principal each month, for a total guaranteed return of 84 percent each year".
Source
U.S. Department of Justice official