Regulation D Investor Loss Lawyers

Did You Suffer Investment Losses in the iCap Ponzi Scam?

Our Regulation D Investor Loss Lawyers Can Help You Explore Your Legal Option

Shepherd Smith Edwards and Kantas (investorlawyers.com) continues to investigate investor losses involving iCap investments that may have been unsuitably marketed and sold by broker-dealers and investment advisers. iCap is accused of defrauding hundreds in what a federal judge last month ruled to be a Ponzi scam.

ICap investments are real estate investments issued by iCap Enterprises, which filed for Chapter 11 bankruptcy protection last year. Numerous broker-dealers are believed to have promoted these Regulation D offerings and helping more than $230M from investors in the process. Icap investments include:

iCap
iCap Broadway
iCap Campbell Way
iCap Equity
iCap Funding
iCap Holding
iCap Holding 5
iCap Holding 6
iCap Investments
iCap Management
iCap Pacific Development
iCap Pacific Income 4 Fund
iCap Pacific Income 5 Fund
iCap Northwest Opportunity Fund
iCap Pacific Northwest Opportunity and Income Fund

iCap Pacific NW Management
iCap Realty
iCap Vault
iCap Vault 1
iCap Vault Management
Senza Kenmore
UW 17^thAVE
Vault Holding 1
VH 1121
VH 2^ndStreet Office
VH Pioneer Village
VH Senior Care
VH Willows Townhomes
VH Vault Holding
725 Broadway

According to the judge, who made the finding about iCap in bankruptcy court, there is “substantial, if not overwhelming evidence” that iCap was run like a Ponzi scam between 2018 and 2023.

Investors were told that their money would go into real estate development projects and that they stood to earn monthly interest payments. Instead, those interest payments stopped several months ago. Also earlier in 2024, according to lawyers for ex-iCap CEO Chris Christensen disclosed in a court filing that the US Securities and Exchange Commission (SEC) and the Federal Bureau of Investigation (FBI) had opened investigations into iCap.

It is strongly believed that among those targeted in this alleged Ponzi scam were Chinese citizens looking to get their green cards through the US’s EB-5 immigrant investor program. These investors may have been financially qualified to invest but that doesn’t mean they necessarily mean they were sophisticated investors.

Why Should You Talk To Our Seasoned iCap Reg D Attorneys?

Most iCap investments are Regulation D offerings. These are generally complex, illiquid, and high-risk. They are unsuitable for most retail investors, conservative retirees, and unsophisticated investors. Even wealthy investors who qualify as accredited investors who can invest in Reg D offerings aren’t necessarily experienced investors when it comes to being able to understand what these investments are and the risks they are taking on.

Broker-dealers and investment advisors should also be conducting the proper due diligence to ensure that they are not involving their clients in any type of Ponzi scam or some other kind of investor fraud.

Shepherd Smith Edwards and Kantas represent investors who have sustained losses because of financial advisor misconduct or negligence. We have represented our clients in over 1000 matters in arbitration, mediation, or litigation to secure a collective many millions of dollars in full or partial financial recovery for most of our clients. Our iCap investment loss recovery attorneys are looking into reports that broker-dealers, who reportedly earned up to 10% in commissions and other fees, may have disregarded investors’ best interests when they promoted what may have been these fraudulent investments to customers.

If you are an iCap investor who sustained losses, we want to talk to you. We can help you determine whether you have grounds for a claim against your financial advisor. During this free, initial case consultation, we can explore your legal options with you.

Call our Regulation D Investor Loss Lawyers at (800) 259-9010 or fill out this form.