Violation Tracker Individual Record

Company: 
Real Estate Finance Corp. and WIN Opportunity Fund, LLC
Penalty: 
$3,668,565
Year: 
2019
Date: 
February 7, 2019
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

Real Estate Finance Corp., WIN Opportunity Fund, and the controlling individual agreed to pay over $3.6 million in settlement of an Order finding they deceptively sold unregistered securities in the state while unlicensed. The penalties were: $1,458,329 in restitution from Real Estate Financial and $2,170,236 in restitution plus a $40,000 administrative penalty from WIN Opportunity Fund, Real Estate Financial and the controlling individual.

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.