NJ Affordable Homes Corp
Wayne Puff, Kenneth Lagonia
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
- NJ Affordable Homes Corp
- Industry
- Real estate purchase, renovation and resale
- How investors were recruited
- Print and radio advertising aimed at individual investors across the U.S. and abroad (per FBI 2009 release); sold to hundreds of investors in NJ and other states.
- Pitch & red flags
- Promised "high rates of return, of 15% and more"; FBI release cites annual returns of 15 to 22 percent and claims investments were "fully secure"