Founder And CEO Of Bay Area Real Estate Investment Fund Charged In Multi-Year Fraud Scheme
SAN FRANCISCO – Mark Hanf, the founder and CEO of Pacific Private Money, and Nam Phan, the fund group’s COO, have been charged in an information filed by the United States Attorney for the Northern District of California with wire fraud conspiracy
What happened
SAN FRANCISCO – Mark Hanf, the founder and CEO of Pacific Private Money, and Nam Phan, the fund group’s COO, have been charged in an information filed by the United States Attorney for the Northern District of California with wire fraud conspiracy
Why it matters
The development may change operating conditions or market expectations around Regulation. Further confirmation and measurable outcomes matter.
Affected entities
View evidence
1 reports · 1 original report · 1 independent
- U.S. Department of JusticePrimary source · Supports · EN · 100%Founder And CEO Of Bay Area Real Estate Investment Fund Charged In Multi-Year Fraud Scheme ↗
Claims
- Founder And CEO Of Bay Area Real Estate Investment Fund Charged In Multi-Year Fraud Scheme Observed
Conflicts
No material conflict detected in the available evidence.
Timeline
- First reported
Market move following event
Market reaction is not yet available for this asset and time window.