Action against Defendants and Relief Defendants—a real estate developer, two other individuals, and eight LLCs—for alleged offering fraud.  According to the SEC, Defendants misled investors to buy promissory notes from companies that, in reality, had no assets.  The SEC further alleges that the names of the issuing shell companies were deceptively similar to the names of actual real estate companies.

SEC Litigation Release

SEC Press Release

SEC Complaint