skip to main content

Securities Fraud Blog

Greco & Greco, P.C.

W. Scott Greco

Fight Investment Fraud

Greco & Greco's lawyers represent investors to recover losses caused by securities fraud, churning, lack of suitability, negligence, sales of unregistered securities, unauthorized trading, and other misconduct by stock brokers, investment advisors, financial planners and their firms.

For a Free Attorney Consultation, call us at 877-821-5550 orĀ 

Arizona

Universal Leases found to be Unregistered Securities

As set out more fully below on our firm’s website (link below), the sale of Universal Leases in the name of Resort Holdings, Yucatan Resorts, and Avalon Resorts have been found by many states to be violations of securities laws prohibiting the sale of unregistered securities.  The federal government has alleged that these investments relating to timeshares were a ponzi scheme.  The link below further has a link to the FBI press release regarding the arrest of Michael Kelly.
Greco & Greco Universal Lease page

Posted by W. Scott Greco on 08/03/07.
Ponzi SchemeState RegulatorsArizonaCaliforniaColoradoIllinoisMarylandPennsylvaniaTexasUtahUniversal Lease - Resort Holdings, Yucatan, AvalonUnregistered SecuritiesPermalink

Most recent entries

Categories

Archives

RSS 2.0