Woodbridge Group’s Former Chief Executive Robert Shapiro Sued by SEC for Allegedly Orchestrating a $1.2 Billion Ponzi Scheme wherein Shapiro Allegedly Lied to Investors, Signed False Documents and Delivered Ponzi-like Payments to Investors Robert Shapiro, the former chief executive of Woodbridge Group, has been sued by the SEC for allegedly operating a Ponzi scheme which… Read more »

After Woodbridge Declares Chapter 11Bankruptcy and Many Aspen Creditors Emerge; Janckila Construction of Carbondale Alleges that It is Owed $527,223 Los Angeles is known for its Hollywood stars and big mansions and people know Aspen for its posh snow resorts. Reports of creditor disputes have emerged after Woodbridge Group of Companies, a developer of high-end… Read more »

The Securities and Exchange Commission has launched an investigation against Woodbridge. In a recent petition to enforce subpoenas, the SEC alleged that Woodbridge may have committed securities violations. Woodbridge has represented to investors that bona-fide third parties are borrowing money and repaying interest at a high rate, of which the investors in Woodbridge funds get… Read more »

Woodbridge Group of Companies Currently the Focus of an SEC Action Seeking Certain Corporate Records and Reportedly Inquiring whether the Mortgage Investment Fund Allegedly Defrauded Investors Woodbridge Group of Companies is currently the focus of an SEC action seeking certain corporate records and the SEC is reportedly probing whether Woodbridge defrauded investors, according to Reports… Read more »

Property Group and Real Estate Developer Woodbridge Files for Bankruptcy Amidst SEC Investigation The luxury real estate developer Woodbridge Group of Companies recently filed for Chapter 11 bankruptcy, purportedly citing costs of expansion, litigation and a government fraud investigation, according to Reports from a U.S. Bankruptcy Court in Wilmington, Delaware under review by securities attorneys… Read more »

Woodbridge Mortgage Investment Fund Allegedly Ran a $1 Billion Fraud Incorporating Thousands of Investors Nationwide through Hundreds of Limited Liability Corporations; Woodbridge is a Real Estate Investment Company Owned by Robert Shapiro and is under Investigation by the SEC Woodbridge Mortgage Investment Fund, of Sherman Oaks, California, allegedly raised over $1 billion from several thousand… Read more »

Woodbridge Group Top Brass Pleads the 5th Amendment in Order to Avoid Self-Incrimination Officials at the Woodbridge Group have taken the 5th Amendment in order to avoid self-incrimination, according to letter to Woodbridge Group President, Robert Shapiro, via a March 27, 2017 letter to the SEC from his attorney Ryan O’Quinn. The letter states that:… Read more »