The Expert Podcast

• A few years ago, we investigated a company called NRI National Realty Investment Advisors, which was heavily advertising on major networks like Fox News, CNBC, CNN, and ESPN. They promised high returns on investments, raising concerns among potential investors.

• After conducting an investigation, we found signs that the company was likely a Ponzi scheme:
  • One executive had prior fraud convictions.
  • Another investor had been warned by the SEC for unregistered securities.
  • An executive changed their last name to hide their identity.

• Our reports led to a domino effect, causing skeptical investors to back out and existing investors to file complaints with the SEC and Attorney General.

• A few years later, the Ponzi scheme has collapsed. The CEO was convicted and sentenced to 12 years in prison and ordered to pay restitution. They stole $650 million.
• The company had falsely claimed to own numerous real estate properties across the East Coast, but our investigation revealed they were not legitimate investments.

• Always conduct thorough due diligence before investing in any opportunity, especially if it promises returns that seem too good to be true.
• Investigating the principles behind a company is crucial; we uncovered red flags such as prior legal issues and attempts to hide past identities.

• We’re glad to see justice being served, with those responsible being convicted, and victims receiving restitution. It took 2.5 to 3 years to reach this point, but the case has now been resolved, preventing further harm.

• If you're involved with an investment you're unsure about, we offer private investigations or consultations to help you assess the situation. Click the link below for more information.

• For more helpful insights, be sure to check out other videos on our channel that can offer further guidance on resolving similar situations.