SMC-1133InvestmentCase file
Drive Planning: $380 million Ponzi scheme sold as real estate loans
Drive Planning, a Georgia-based financial advisory firm founded by Todd Burkhalter, sold a "Real Estate Acceleration Loan" said to fund short-term loans to real estate developers with a guaranteed 10% return every three months, plus a tax lien fund. Investors did not need to b…
Reported: Drive Planning LLC
- Reported losses
- $380M
- People affected
- 0 affected
- Comments
- 0 comments
- Status