$658 Million Ponzi Scheme Busted! What can we learn?

Released Friday, 1st March 2024

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$658 Million Ponzi Scheme Busted! What can we learn?

Friday, 1st March 2024

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First article: https://www.justice.gov/usao-nj/pr/leader-real-estate-investment-firm-admits-role-658-million-ponzi-scheme-and-multimillion

Second article: https://patch.com/new-jersey/secaucus/nick-salzano-secaucus-pleads-guilty-658-million-ponzi-scheme

Someone just pled guilty to a heap of charges on a $658 Million Ponzi scheme with National Realty Investment Advisors (NRIA). What can real estate investors learn so we can protect ourselves and avoid investing in a Ponzi scheme?

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Passive Wealth Strategy Show - Real Estate for Busy Pros

1 2

The Passive Wealth Strategy Show will teach you to build your passive income through real estate investing and the personal finance concepts of the FIRE movement. We focus on real estate because it has features and a track record unlike any other asset class. Join us to learn about real estate syndication, multifamily investing, self storage, turnkey real estate, personal finance, and other financial independence related topics. Let’s escape the Wall Street Casino together.

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