Litigation: SEC Vs. Michael Shustek and Vestin Mortgage - SEC Charges Las Vegas Real Estate CEO With Defrauding Investors
August 02, 2021
August 02, 2021
WASHINGTON, Aug. 2 -- The Securities and Exchange Commission issued the following litigation release (No. 2:21-cv-01416; D. Nev. filed July 29, 2021):
The Securities and Exchange Commission today announced securities fraud charges against recidivist Michael Shustek, the CEO of several Las Vegas real estate investment trusts ("REITs"), and his wholly owned investment advisory firm, Vestin Mortgage LLC.
The complaint alleges that since at least 2012, Shustek fra . . .
The Securities and Exchange Commission today announced securities fraud charges against recidivist Michael Shustek, the CEO of several Las Vegas real estate investment trusts ("REITs"), and his wholly owned investment advisory firm, Vestin Mortgage LLC.
The complaint alleges that since at least 2012, Shustek fra . . .