Securities and Exchange Commission v. Pedram Abraham Mehrian et al

  1. April 22, 2024

    Real Estate Investment Cos. Owe SEC $8.4M For $17.5M Fraud

    A pair of companies allegedly used in service of a fraudulent real estate investment scheme will pay over $8.4 million to end claims they were part of the $17.5 million ploy that took in more than 150 would-be investors with claims that the securities involved were "recession-proof."

  2. September 26, 2023

    SEC Says Purported Real Estate Investor Ran $17.5M Fraud

    The U.S. Securities and Exchange Commission has leveled fraud allegations against a Los Angeles man and his purported real estate investment companies, alleging they raised $17.5 million from over 150 investors in part by touting their reputed securities as "recession-proof."