The Sacramento area has another real estate fraud case on its hands. The local U.S. Attorney’s office has filed charges against several individuals, as well as a mortgage lender, in an elaborate scheme to defraud investors. Many people from the Sacramento area have been financially injured. I represent one of…
The most recent high-profile real estate fraud case in the Sacramento area involves Christopher Jackson and his company, Genesis Innovations. But in 2009, a Roseville man was charged with defrauding investors in a similar scheme. An FBI agent investigating a suspected $100 million real estate Ponzi scheme said the man…
Ponzi schemes are not limited to the likes of convicted felon Bernard Madoff. A similar plan to defraud real estate investors occurred right here in Sacramento during the past five years. In the past week lawsuits have been filed in both federal and state courts against Christopher Jackson, Genesis Innovations,…