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Promised 8% ROI, Investors Now Offered 16% Loan to Recoup Money

2018-08-27 19:27:38| National Real Estate Investor

About 10,000 investors -- many of them retirees -- were swindled out of $1.2 billion they had sunk into a now-bankrupt real-estate developer that federal regulators say was a Ponzi scheme.

Tags: to money offered loan

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