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Cases / Real estate

Gold Country Lenders

Philip Lester, Ellen Lester, Susan Laferte, Jonathan Blinder

ReportedSep 21, 2012
LocationGrass Valley, CA
Amount$2,300,000

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
Gold Country Lenders
Industry
Real estate development loans secured by deeds of trust
How investors were recruited
Victims who had known and trusted the defendants for many years
Pitch & red flags
"annual returns of 8 to 12 percent"; "secured by a first or second deed of trust on the property"

Pitch phrases from this case

Source

oag.ca.gov official

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