Shawn Patrick Watkins—Real Estate Fraud Scheme

New Orleans stockbroker fraud attorney

New Orleans stockbroker fraud attorney

Shawn Patrick Watkins, of Layton, Utah, Allegedly Ran a $3.5 Million Real Estate Fraud Scam

Shawn Patrick Watkins, of Layton, Utah, and from about 2007 through 2014, allegedly operated a $3.5 million real estate fraud scam by offering investments in a company known as The Equity Growth Group (TEGG), according to a Federal Indictment currently under review by attorneys Alan Rosca and James Booker.

Said Federal Indictment further details how Watkins allegedly solicited many customers at seminars in Orange County wherein he showcased himself as a real estate investment expert as well a former arm of the law, said Indictment further details.

The Peiffer Rosca Wolf securities lawyers are currently investigating Shawn Patrick Watkins’ alleged real estate fraud scam.

Shawn Patrick Watkins Allegedly Made Omissions and False Promises to Investors Including that TEGG Purportedly Controlled Hundreds of Income-Generating Properties and that TEGG Allegedly Had High Growth Potential

Shawn Patrick Watkins, as part of his pitch, allegedly made false promises to investors including that TEGG was in control of hundreds of properties, according to a Federal Indictment currently under review by attorneys Alan Rosca and James Booker.

Furthermore, Shawn Patrick Watkins also allegedly made promises that TEGG would generate growth through new properties, the Indictment also alleges.

Finally, Shawn Patrick Watkins also allegedly made promises to investors that they would later take in nice interest payments or that their cash would be secure with collateral based on the filing of deeds or trust on properties, the Indictment notes.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of real estate fraud scams and are currently investigating Shawn Patrick Watkins’s alleged real estate fraud 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.

Investors who believe they lost money as a result of Shawn Patrick Watkins’s alleged real estate fraud scheme may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520.

Alan Rosca (1168 Posts)

Alan is a securities lawyer. He also teaches Securities Regulation at the Cleveland-Marshall College of Law. He focuses his legal practice on complex commercial and financial litigation and arbitration, particularly in the areas of securities and investment fraud. His office is in Cleveland, Ohio.


In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent blogs regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases.