Tag: SEC Lawsuit
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Want to Invest in Real Estate? Look Out for Influencers and Ponzi Schemes
The U.S. Securities and Exchange Commission (SEC) has caught up with Ohio’s “Cash Flow King” Matt Motil. The online influencer defrauded people out of millions of dollars in what amounts to a Ponzi scheme, officials allege. He used popular social media sites. He also touted the investment opportunities at issue on Biggerpockets.com. Motil advertised that…