Violation Tracker Individual Record

Company: 
Opulent Properties LLC et al.
Penalty: 
$600,000
Year: 
2006
Date: 
February 2, 2006
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

The individual dba Opulent Management Group, Bravura Management Group, Zanadu Construction and The Opulent Group, as well as the companies Opulent Properties LLC, Mill Direct Flooring LLC and The Loan Xperts, LLC were ordered to pay $500,000 in restitution and a $100,000 administrative penalty in an Order finding they fraudulently sold unregistered securities in the state without being registered as dealers.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Arizona Corporation Commission
Civil or Criminal Case: 
civil
Facility State: 
Arizona
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.