Real Estate/Development
Jul. 16, 2010
Firm Accused of RICO Violations
A real estate investment firm that once touted itself online as a "real estate Costco" is being sued by 20 investors who claim the company bilked them out of $1 million they invested in distressed homes.
Daily Journal Staff Writer
A Lodi-based real estate investment firm that once touted itself online as a "real estate Costco," where "we buy in bulk and you get the savings," is being sued by 20 investors who claim the company bilked them out of $1 million they invested in distressed homes.
The plaintiffs, mostly Southern California and Hawaii-based investors, alleged that officials wit...
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