A fund allegedly built a big stake, sparked a short squeeze, then sold as shares cratered
The regulator says a brother with no appraisal background set the REIT's share price
One transfer alone came to $5.6m, and the receiver says none of it was real profit.
Investors chose which factory to fund - the SEC says the money went elsewhere.
A slow drip of disclosures, an executive exit, and a stock that fell hard before the suit landed
The complaint points to a $2 billion firm, unlicensed sellers, and suspended distributions.
The advisor both prices FSK's private loans and gets paid on those prices, the suit claims
The $36 million buy allegedly hid inflated books and a $50 million diversion.
Clients say he copied the boss on his emails - and now they can't touch their cash.
He wired millions to his own accounts and told investors the fund was winning.
