Property sales start for Bay Area real estate empire of developer linked to fraud

Property sales start for Bay Area real estate empire of developer linked to fraud

3 years ago
Anonymous $OlGJJXacOb

https://www.siliconvalley.com/2021/05/10/real-estate-property-sale-bay-area-developer-fraud-sec-silicon-sage/

SAN JOSE — A court-ordered receiver has begun efforts to sell — and construct — chunks of the Bay Area real estate empire cobbled together by a bankrupt developer who is linked to a federal securities fraud case.

The Bay Area properties that are slated for sales or construction were originally proposed or developed by Silicon Sage Builders, a bankrupt development firm that the Securities and Exchange Commission has accused of fraud and been shoved into a court-ordered receivership.