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Home » Florida Man Charged With $300M Real Estate Ponzi Scheme
Litigation

Florida Man Charged With $300M Real Estate Ponzi Scheme

News RoomBy News RoomAugust 14, 20241 Min Read
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Florida Man Charged With 0M Real Estate Ponzi Scheme
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The U.S. Securities and Exchange Commission announced Wednesday that it has obtained a preliminary injunction, asset freeze, and other emergency relief against a Florida man accused in a lawsuit of leading a nine-figure real estate Ponzi scheme.

Russel Todd Burkhalter, founder and CEO of Driving Planning in Atlanta, is accused of misappropriating $300 million from more than 2.000 investors to enjoy his opulent lifestyle.

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