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Cases / Real estate

The Equity Growth Group (TEGG)

Shawn Patrick Watkins

ReportedMay 15, 2018
LocationLayton, UT
Amount$3,400,000

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
The Equity Growth Group (TEGG)
Industry
Real estate acquisition and repair loans secured by deeds of trust
How investors were recruited
Monthly real estate seminars in Orange County, CA
Pitch & red flags
promoted himself as "a real estate expert with a background in law enforcement"; "substantial interest payments"; investments "secured by collateral through the filing of deeds of trust"

Pitch phrases from this case

Source

U.S. Department of Justice official

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