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Violation Tracker Individual Record

Company: MTRE VB2 LLC and Marcus Tam Real Estate Development & Investment Company LLC
Penalty: $798,859
Year: 2023
Date: January 26, 2023
Offense Group: financial offenses
Primary Offense: investor protection violation
Violation Description: MTRE et al. agreed to pay $778,859 restitution and a $100,000 civil penalty (with $80,000 suspended if restitution paid) in settlement of allegations the companies and individual fraudulently sold unregistered securities through an unregistered agent.
Level of Government: state
Action Type: agency action
Agency: Idaho Securities Bureau
Civil or Criminal Case: civil
Facility State: Idaho
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.