Cases / Investment funds & advisory
Norse Holdings LLC
Seth P. Levine
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
- Norse Holdings LLC
- Industry
- Membership interests in LLCs owning apartment complexes
- How investors were recruited
- Family, friends and members of the Orthodox Jewish community; 60+ investors
- Pitch & red flags
- Gave investors documents with false information on the apartment complexes' profitability and paid "fake profits" from new investors' money; relied on trust in a "close knit community"
Pitch phrases from this case
Source
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