Violation Tracker Individual Record
Company:
AZ Investment Property Experts, LLC and Sandy Beach Esmeralda Development, LLC
Penalty:
$27,801,783
Year:
2019
Date:
July 19, 2019
Offense Group:
financial offenses
Primary Offense:
investor protection violation
Violation Description:
AZ Investment Property Experts, LLC and and Sandy Beach Esmeralda Development, LLC agreed to pay over $27 million in restitution and an administrative penalty of $125,000 in a consent agreement to an Order finding they deceptively sold unregistered securities while unlicensed in the state.
Level of Government:
state
Action Type:
agency action
Agency:
Arizona Corporation Commission
Civil or Criminal Case:
civil
Facility State:
Arizona
Source of Data:
Source Notes:
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note:
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.
