Stoltmann Law Offices continues to investigate former Ohio realtor Brenda Ashcraft, who recently pled guilty to defrauding investors out of $15 million between 2009 and 2013. Ashcraft was involved in a real estate investment trust (REIT) scheme as owner and manager of French Manor Properties. She promised investors that their money would be secured by real estate and that they would receive a 40% return of investment annually. Subsequently, she was not able to deliver on that promise. She used some of the money on personal expenses including season baseball tickets. Ashcraft pleaded guilty to one count of wire fraud, one count of securities fraud, one count of destruction of evidence and one count of money laundering.
Please call our securities law firm based in Chicago, Illinois if you lost money with Brenda Ashcraft. We are investment fraud attorneys. The call is free and with no obligation. 312–332–4200.
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