SEC Charges Florida Real Estate Developer Rishi Kapoor with Perpetuating $93 Million Fraud Scheme; Emergency Relief Granted
The Securities and Exchange Commission (SEC) has taken swift action against Miami-based real estate developer Rishi Kapoor, securing an asset freeze and emergency relief in response to an alleged $93 million real estate investment fraud. The SEC has also filed charges against Location Ventures LLC, Urbin LLC, and 20 other entities connected to the fraudulent scheme.