Writing · Capital / Finance / Investing

2026-01-09
We’ve Seen This Movie 47 times. Why do Investors Keep Buying Tickets? Drive Planning was charged by the SEC for running a $372M Ponzi scheme. The offer promised 10% every six months. Over 2,000 investors participated. It ran for four years. A 21% annual return in real estate can occur in isolated cases. Delivering that result across hundreds of millions, year after year, without variance? “Collateralized.” “Secured.” “Bridge loans.” Those words replaced verification. The properties cited as backing were not owned by the fund. They were owned by the founders. Addresses were shown. Ownership was assumed. Payment timing mattered. Semiannual distributions reduced scrutiny. Early payouts created reinforcement. Doubt arrived late. The structure held while inflows exceeded withdrawals. $372M raised. $155M paid out. When that reversed, it ended. These failures persist because incentives reward speed over analysis. What do you think? Why do investors keep falling these scams? https://lnkd.in/ezRtainf
Capital / Finance / InvestingSales / NegotiationReal Estate (general)

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