SEC Shuts Down EquityBuild, Claims Company is $135 Million Real Estate Ponzi Scheme
HousingWire, Aug. 23, 2018–Ben Lane
The SEC took action against Equitybuild, Equitybuild Finance, and the company’s operators, the father and son team of Jerome and Shaun Cohen, for allegedly defrauding at least 900 investors by promising guaranteed returns on real estate investments.
