CAPITAL MOUNTAIN : HOLDING CORP & Derek A. Nelson

ScamVent Colt Ledger Forums Scams and Fraud Real Estate Scams / Fraud CAPITAL MOUNTAIN : HOLDING CORP & Derek A. Nelson

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    svadmin
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    Our research into CAPITAL MOUNTAIN : HOLDING CORP has turned up one or more ‘red flags’ or violations involving both the CAPITAL MOUNTAIN : HOLDING CORP and the individuals Derek A. Nelson.

    These violations, not the violators, have, in the past, been associated with other individuals/companies involved in alleged State and Federal securities and criminal violations and/or fraud.

    Derek A. Nelson of Edmond, Oklahoma, who allegedly stole $12 million from U.S. investors in a real estate investment program, was indicted March 25 in Collin County State District Court on charges of securities fraud, theft, and money laundering. According to the indictment, Nelson sold and offered for sale shares in a real estate-based program called CMHC Investment Program, but failed to disclose that CMHC was not earning sufficient profits from the buying, rehabilitating, renting, and sale of properties to make payments to investors.

    Some of the ‘red flags‘ include:

    If you have had any experience with this company or individuals, pro or con, please login or register and make your reply below to comment regarding your experience.

    The above statement and/or violations should not be considered as an accusation against the company or individuals cited. Everyone is considered innocent until proven otherwise in a legal forum.

    If you are interested in more information regarding these violations, please contact us.

    • This topic was modified 2 years, 5 months ago by  svadmin.
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