Http://dockets. Justia.com/docket/north-carolina/ncwdce/3:2008cv00525/54270/
Http://www.5thcoa. Courts. State. Tx.Us/edocs/10/1/10127912. PDF
These are just two cases all you have to do is google Wendell Jacobson, Management Solutions Inc. Lawsuits and there are plenty. They are from a hick town in Utah called fountain green. There are three brothers Wendell, Gene, and Evan. They also have involved their kids on some of the schemes. They take peoples money and tell them they are investing it into Apartments. They tell you they have hundreds of millions of dollars. They tell you they will give you a 8 to 30 percent return per investment.
Many people have been fooled by them. They have been known to bankrupt properties and buy them back with their fake companies. They are most likely running some elaborate ponzi scheme. They have left contractors high and dry. They also are notorious for turing what they called equity in the start to a loan.
I am an investor in Texas that took my money out when they couldn't tell me where it was going. I mainly am posting this so other don't get trapped in this. I didn't loose money and received a return each week. That is fine until they can't get new people involved. Many people are connected with the church they are affiliated with and they use this to get people to invest.
They are very elaborate and you should do your research and in my opinion stay away.
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