Christopher Brogdon—Investment Fraud
Christopher Brogdon Allegedly Brought in $168 million from 54 Conduit Municipal Bond Deals and $22 Million from Private Placement Offers for 25 Years in the Nursing Home Business
Christopher Brogdon, allegedly raised $168 million from 54 conduit municipal bond deals and $22 million from private placements during his 25 years in the nursing home business, according to SEC Document currently under review by attorneys Joe Peiffer and Jason Kane.
Christopher Brogdon, an Atlanta-based businessman, is looking at SEC charges for allegedly defrauding investors in senior-living homes, and is also facing an order by a federal court in New Jersey to create a plan to pay said investors, according to the SEC.
The Peiffer Wolf securities lawyers are currently investigating Christopher Brogdon’s alleged investment fraud which allegedly falsely claimed that investors would receive interest from the revenues generated by the projects in which they thought they were investing. They are talking to investors, and preparing to take action regarding the case.
Christopher Brogdon Allegedly Committed Fraud through at least 43 Entities He Owns or Controls by Falsely Claiming that Investors would Receive Interest from Project Revenues
Christopher Brogdon allegedly committed fraud through at least 43 entities controls by allegedly making false claims that investors would receive interest from the revenues produced by the projects in which they believed they were investing, according to SEC Document currently under review by attorneys Joe Peiffer and Jason Kane.
Instead, the SEC further alleges, Brogdon allegedly commingled investor funds and used the money for personal expenses and other personal business ventures, including restaurants and commercial real estate.
The SEC gives several examples of Brogdon’s misappropriation of offering proceeds in its Complaint, including an instance wherein he allegedly raised money through two offerings in the spring of 2013 for a retirement housing development referred to in the complaint as the “Arcadia Project” in Conyers, Ga.
Securities Lawyers Investigating
The Peiffer Wolf securities lawyers often represent investors who lose money as a result of alleged investment fraud, and are currently investigating Christopher Brogdon’s alleged nursing home scheme. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients. The Peiffer Wolf securities lawyers are talking to investors, and preparing to take action.
Investors who believe they lost money as a result of Christopher Brogdon’s alleged nursing home scheme may contact the securities lawyers at Peiffer Wolf, Jason Kane or Joe Peiffer, for a free no-obligation evaluation of their recovery options, at 585-310-5140.