Carnegie Development Inc, Wall007 LLC, WallDisc LLC
Timothy Barton, Stephen T. Wall, Haoqiang Fu (aka Michael Fu)
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
- Carnegie Development Inc, Wall007 LLC, WallDisc LLC
- Industry
- Residential real estate development securities
- How investors were recruited
- Offering documents targeted mostly Chinese nationals; over 100 investors
- Pitch & red flags
- Promised full repayment plus interest within two years; allegedly overstated property purchase prices by up to three times