Blue Rock Ventures LLC and Windy City Accelerated Returns Venture I LLC Charged by SEC | Goodman & Nekvasil P.A. May Recover Investor Losses
The Securities and Exchange Commission charged Jefferey A. Gordon of Dallas, Texas and two companies he controls with defrauding at least 18 investors out of nearly $1 million in a real estate investment scheme.
The SEC’s complaint alleges that Gordon sold investors interests in his company, Windy City Accelerated Returns Venture I, LLC, which he claimed would use investor funds to acquire stakes in other companies that operated lucrative rental properties near Chicago, Illinois. According to the complaint, Gordon told investors that these rental properties were “100% rented” and that he would further enhance their value by refinancing loans on the properties to get lower interest rates. Gordon also allegedly told investors that he would use their funds to renovate and update the properties, so that they could be leased at higher rates and ultimately sold at a premium. The SEC alleges that Gordon assured investors that these efforts would “conservatively” generate returns of 250% to 350% in three to five years.
According to the complaint, Gordon’s representations were materially false and misleading. The complaint alleges that Gordon instead misappropriated most investor funds for unrelated expenditures and personal items such as luxury hotels, vacation rentals, gambling, and private school payments.
Investors in Blue Rock Ventures LLC and/or Windy City Accelerated Returns Venture I LLC May Recover their Losses with Goodman & Nekvasil, P.A.
If you invested in Blue Rock Ventures LLC and/or Windy City Accelerated Returns Venture I LLC, Goodman & Nekvasil, P.A. may help you. Goodman & Nekvasil, P.A., a St. Petersburg, FL law firm with a national practice representing victimized investors, has recovered more than $200 million dollars on behalf of victimized investors.
All our cases are handled on a purely contingency fee basis by Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA. Kalju Nekvasil, Esq. has practiced in this area of the law for more than 35 years.
There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.
If you incurred investment losses with Blue Rock Ventures LLC and/or Windy City Accelerated Returns Venture I LLC and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.