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

Cases / Real estate

Sterling Investment Fund

Phil Donnahue Williamson

ReportedJun 1, 2015
LocationMiami, FL
Amount$2,000,000

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
Sterling Investment Fund
Industry
Purported mortgage and property investments in FL and GA
How investors were recruited
Public-sector retirees (teachers, law enforcement) via church and community connections
Pitch & red flags
"8 to 12 percent" annual returns; "no risk involved"

Pitch phrases from this case

Source

SEC official

Related cases · Real estate

All real estate cases →

Other cases in Florida

All Ponzi scheme cases in Florida →