Securities & Exchange Commission v. RBF Trust LLC, et al

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Case overview

Case Number:

0:22-cv-61831

Court:

Florida Southern

Nature of Suit:

Securities/Commodities

Judge:

Raag Singhal

  1. August 25, 2023

    Brothers' 'Closed Universe' Collapses As SEC Closes In

    Two French half-brothers who got their start by helping sell fraudulent "man camp" stakes in North Dakota are at large as they face lawsuits from investors and federal authorities over an alleged scam prosecutors say netted them some $40 million from selling made-up stakes in Detroit rental properties.

  2. September 30, 2022

    SEC Accuses French Nationals Of $40M RE Fraud Scheme

    Two French half-brothers have been charged with multiple fraud-related counts connected to an "international web" of unregistered companies in Michigan and Florida they allegedly used to bilk $40 million from investors in exchange for returns on properties they didn't own, according to the U.S. Securities and Exchange Commission.