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

Cases / Real estate

DCG Commercial Fund I, DCG Real Assets

Richard Wyatt Davis Jr. (aka Rich Davis)

ReportedDec 15, 2016
LocationNC
Amount$19,000,000

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
DCG Commercial Fund I, DCG Real Assets
Industry
Real estate, precious metals and natural resources investments
How investors were recruited
Targeted professional athletes, church members and attendees at events for "preppers and survivalists"
Pitch & red flags
Pitched as "a safe alternative to the stock market"; claimed "average net internal rate of return of 32 percent"

Pitch phrases from this case

Source

U.S. Department of Justice official

Related cases · Real estate

All real estate cases →

Other cases in North Carolina

All Ponzi scheme cases in North Carolina →