It’s still too early to tell what led to the recent abrupt closure of a Marin County real estate finance and investment company.
The Marin County District Attorney’s Office said it is looking into complaints from some of more than 100 investors in Pacific Private Money who say that since December they haven’t been able to access money invested with the company. The company, which claimed to have funded over $2 billion in property loans over its nearly two-decade history, is now being run by a San Francisco restructuring firm, and the Novato office is closed.
Some who have been involved with…
Cyber fraud uses technology as the primary weapon. It is highly scalable and can be conducted from anywhere in the world.
- Phishing/Smishing/Vishing: Using deceptive emails (phishing), text messages (smishing), or phone calls (vishing) to trick victims into clicking malicious links or revealing sensitive data.
- Business Email Compromise (BEC): A high-value scam where a criminal impersonates a CEO or high-level executive via a “spoofed” email address to trick a staff member into making an urgent, unauthorized wire transfer.