May 10, 2023
The U.S. Securities and Exchange Commission reached a tentative settlement with the CEO of two real estate investment trusts who was accused of stealing $29 million in investor funds from the publicly traded REITs, according to a Nevada federal court filing.
February 01, 2023
A Las Vegas real estate investment trust executive is entering mediation with the U.S. Securities and Exchange Commission in a case in Nevada federal court accusing him of funneling $29 million from two companies he controlled.
July 01, 2022
The U.S. Securities and Exchange Commission says an executive of real estate investment trusts in Las Vegas who is accused of siphoning cash from two public firms has refused to produce a single document after more than three months of discovery.