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Updated over 1 year ago on . Most recent reply

Ash Patel's profile image
Ash Patel's profile image
Ash Patel
  • Full time investor
  • from Cincinnati, OH
  • Member since Nov 23, 2013
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Ash Patel's profile image
Ash Patel's profile image
Ash Patel
  • Full time investor
  • from Cincinnati, OH
  • Member since Nov 23, 2013
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Ash Patel
  • Full time investor
  • Cincinnati, OH
306
Votes |
400
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Commercial Real Estate Investing

Matt Onofrio Scam

Ash Patel
  • Full time investor
  • Cincinnati, OH
Posted

https://www.postbulletin.com/b...


Forfeited $35mm and is awaiting sentencing!

This gives our entire industry a black eye.

1 Vote
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Ronald Rohde's profile image
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Ronald Rohde
#3 Commercial Real Estate Investing Contributor
  • Attorney
  • Dallas, TX
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Ronald Rohde
#3 Commercial Real Estate Investing Contributor
  • Attorney
  • Dallas, TX
Replied
Quote from @Ash Patel:

Agree, we will see who has been swimming naked when the tide goes out.


 This was straight fraud, forging PSAs, not just overleverage or poor management though.

  • Ronald Rohde
    • 3 Votes
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