Austin Lender Accused of Ponzi Scheme
This is a Austin news story, published by Yahoo Finance, that relates primarily to Robert Buchanan news.
Austin news
For more Austin news, you can click here:
more Austin newsRobert Buchanan news
For more Robert Buchanan news, you can click here:
more Robert Buchanan newsreal estate & housing news
For more real estate & housing news, you can click here:
more real estate & housing newsYahoo Finance news
For more news from Yahoo Finance, you can click here:
more news from Yahoo FinanceAbout the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like real estate & housing news, you might also like this article about
investor funds. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest earlier investors news, early investors news, real estate & housing news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
real estate investment pitchThe Real Deal
•Business
Business & Economics
$142M high-yield investment fund accused of Ponzi scheme

77% Informative
Austin -based real estate lender already under court-appointed receivership facing allegations that its investment operation was a Ponzi scheme.
CCG Capital Group allegedly overstated its capital base by tens of millions of dollars .
The fund, founded by Robert Buchanan in 2008 to finance real estate deals, was placed into receivership in May last year .
VR Score
74
Informative language
69
Neutral language
68
Article tone
formal
Language
English
Language complexity
58
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
4
Source diversity
1
Affiliate links
no affiliate links