There has been a lot of talk about Washington, DC-based real estate crowdfunding platform, Fundrise, in the media recently. This news mainly surrounds a recent SEC filing gone public that reports the termination of Fundrise’s mortgage REIT’s CFO and treasurer, Michael McCord, who allegedly tried to extort over $1 million from the platform.
Read the article here:
http://www.crowdfundingpr.org/fundrise- ... extortion/
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