[Notice: Dangerous Private Equity Scams] How to Expose Them 2 Min- (Investment scams 2021)

The main way to avoid getting scammed for your private equity real estate fund is to make sure that you check the. So when you’re raising money for your new real estate private equity fund, how do you avoid getting seriously scammed and encountering some serious fraudsters when you’re working on building your reputation with investors? So there are three main ways to avoid getting seriously scammed as you’re working on finding investors for your new real estate private equity fund and building relationships there. So the biggest way that you can prevent getting scammed seriously when you’re working on raising money for your new private equity fund to acquire real estate is when you focus on doing a court case lookup of all of the people you’re associated with. So anybody you do business with whenever it comes to private equity and raising serious amounts of money, do a simple court case lookup. And if you’re in the United States of America and that’s where you’re doing business, the US is probably one of the most, if not the most litigious places on earth. So it’s very easy to find court cases on people and find court cases and different things like that. So the one that we recommend is when people go to Pacer and use Pacer dot gov. It’s only like a few cents for every single lookup that you can do. And so just pay like the $0.02 or whatever for every lookup. (investment scams 2021)




And we know probably wait like a few weeks to get your package in the mail for you to get the password to log in and you can use pacer. So that’s the most common way. You know, another thing that you can use is a third party service that works with Pacer, because problem with Pacer is that, you know, sometimes it’s mostly focused on it’s really easy to find bankruptcy law or bankrupt cases or people who went bankrupt using Pacer. But if you want to actually find people that, you know, we’re more involved in criminal cases, you know, sometimes the third party services are better. And so ones we recommend. And I guess the main one that I recommend is unicorns. Unicorns is probably the best, especially for the United States and mainly for the United States. It’s probably the best way to find criminal cases on people. And, you know, sometimes it’s not really a big deal if, like somebody who you’re working. So let’s say you have a real estate fund and you want to acquire property or you want to find investors, anybody who you even do business with, just look up all of the directors, even if they own 1%, look them all up. And what you’ll find is that you’ll see that some of them have been involved in lawsuits. So lawsuits aren’t always a bad thing. (investment scams 2021)

Sometimes they’re a good thing. So you want to make sure that they’re the defendant, they’re not the defendants of a criminal case, and that those are the most dangerous people if they’re a defendant in the criminal case. You know, those are usually the most dangerous types of things. But if they’re like the defendants in like some small claims or like a small claims court case or, you know, even a property court case, it can depend, obviously, on the context if you’re able to get the information on the case and if the case has been disposed, it’s really not as bad. But if they have many active, ongoing criminal court cases, then that’s probably that’s the biggest red flag you’ll see. And what’s even worse is that you’ll be able to really get yourself in danger if you’re working, if somebody with active court cases and then they’ve been found guilty for anything, especially for criminal. But, you know, sometimes it’s normal, especially as people are older and they’re more experienced in the area to have a few lawsuits here and there, even contract lawsuits. That happens. But it’s really bad when you see people of multiple criminal court cases underway, especially at a time that you’re doing business with them. It becomes like a high risk type of transaction. And the problem is that when you work with investors and then they look you up, they’re going to see all the problems that were attached to this, to you or to the people that you work with, because they’ll do background checks on the people that you do business with and you’ll be like a crazy spreading, reinforcing type of setup. (investment scams 2021)

So just be careful and be safe by doing the court cases. And if you’re outside of the US, you know, they have different court case systems. For example, of Canada, they have something called CAD Lee, which is essentially the same thing where you can find court cases on different types of people and it’s usually the same process. Make sure that they’re not engaged in multiple court cases for criminal lawsuits. And so those are the most dangerous kind, you know, and then there are other kinds that determine like the credit worthiness or how trustworthy they are. For example, you can look at like bankrupt course, like how many if they’ve been bankrupt, if they haven’t paid them, that’s on time and things like that. And then you can get a sense to like how they behave. So that’s pretty critical, obviously. And you know, another type of court case and another type of behavior you’ll see when there are people who have been found guilty and who weren’t able they’ve been found guilty of securities fraud, which is another type of fraud or criminal even involved in criminal court cases. Sometimes it gets scared of doing things. (investment scams 2021)

Compliantly. Yeah, because you have to. Bad actors act for people who want to do some of the. Some of the exempt offerings. If you want to do an offering for investors, there’s they have a bad actors act. And this is for certain offerings that you sell to accredited investors in the United States. It is like people have to not be not be a criminal. There are certain things that you cannot have, like you cannot commit securities fraud and you cannot be a criminal if you sell offerings. And so some people, they avoid, you know, doing private equity offerings and they just do they try to do it under the table and they try to avoid it because there are subject to they have to avoid some of them are not even allowed to do it. And the same thing applies in Canada and different Commonwealth countries as well. So basically make sure that people are actually doing the regular, like going through the securities regulators because sometimes you can’t. So that’s really the main way check court cases in a nutshell. The second way is to make sure you just do a simple Google. I’ve worked with an investment bank that raised $30 Billion on a yearly basis for companies, and one of the things that they have is, in addition to checking court cases, have a recurring Google search and a Google News alerts for any news mention simply Google if they’ve been involved in scams and so on, because even senior executives forget the basics. (investment scams 2021)

And we’ve seen people that, you know, they’re publicly traded CEOs that didn’t Google their people that their employees are working with. And one of them were they were found guilty of securities fraud. So Google and I don’t really need to say anything more than this and I’m going to share on the screen, you know, a simple catch, I guess, like a search operator with a Boolean. Put this in Google whenever you do a business with anybody. Number two, that’s number two. Number three, do they pass the sniff test? Some people are not even real people. And some people, they they hide their identity. So make sure that the people you’re doing business with, you know, they have a company that is registered and, you know, you’re able to see like the country by which the company is operating. And because anyone who runs a company, they’re supposed to notify their country that they’re running this company. And so there are certain certain qualitative measures and certain gut feelings that people can have about somebody. And some of it is illogical, but some of it makes sense. So just make sure that there’s this third element that you can’t really explain, but basically it comes from experience. And the more experience you have on people, the better you’ll be able to tell, you know, who’s real and who’s false. (investment scams 2021)

You’ll be able to see, you know, be able to see who’s real and who’s false, who’s fake and who’s real. And so it takes time and experience, but really, it comes from doing the first two things. Number one, check court cases for people who are defendants in criminal cases and people who were also, I guess, slapped on the wrist when it comes to securities fraud. Step number two, simply Google. And step number three, trust your guts when something doesn’t make sense from a logical point of view based on the first two things. If if like I guess emotionally you’re having like a tight gut feeling, then it’s probably coming from your intuition and trust your intuition as well. And so if you do all those three things and I guess how then you’re pretty much in a good position to make sure that people are not going to scam you because you check the sea court cases, you check to see Google and you’ve trusted your guts. And so with this, I hope this video makes a little bit of sense and prevents you from entering some trouble. So if you have all the information you need, just go out and execute it and actually run your capillaries. But if you need help with the actual implementation and actually getting it done. (investment scams 2021)


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