SEC Says Purported Real Estate Investor Ran $17.5M Fraud

By Emilie Ruscoe · September 26, 2023, 7:22 PM EDT

The U.S. Securities and Exchange Commission has leveled fraud allegations against a Los Angeles man and his purported real estate investment companies, alleging they raised $17.5 million from over 150 investors...

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Case Information

Case Title

Securities and Exchange Commission v. Pedram Abraham Mehrian et al

Case Number

2:23-cv-08009

Court

California Central

Nature of Suit

Securities/Commodities

Date Filed

September 25, 2023