Loading...
Market
How much in total assets will be recovered from Drive Planning LLC by December 31, 2024?
3
Resolution / Starting Odds
Less than $50 million • 25%
$50 million to $100 million • 25%
$100 million to $200 million • 25%
More than $200 million • 25%
Court documents or SEC press releases
Story
SEC Charges Russell Todd Burkhalter and Drive Planning LLC in $300 Million Ponzi Scheme
Aug 15, 2024, 01:45 AM
The Securities and Exchange Commission (SEC) has charged Russell Todd Burkhalter and his Atlanta-based firm, Drive Planning LLC, with orchestrating a $300 million Ponzi scheme. The scheme, which involved real estate investments, allegedly impacted over 2,000 investors. A court has granted a preliminary injunction, asset freeze, and other emergency relief measures against Burkhalter and his firm. The case is notable for its scale and the potential impact on investors.
View original story
Similar markets
Less than $500 million • 25%
$500 million to $1 billion • 25%
More than $1 billion • 25%
Undisclosed • 25%
Less than $1M • 25%
Between $1M and $3M • 25%
Between $3M and $5M • 25%
More than $5M • 25%
Less than $100 million • 25%
$100 million to $200 million • 25%
$200 million to $300 million • 25%
More than $300 million • 25%
None • 25%
Less than 50% • 25%
50% to 99% • 25%
100% • 25%
Less than $1 billion • 25%
$1 billion to $2 billion • 25%
$2 billion to $3 billion • 25%
More than $3 billion • 25%
0% • 25%
1%-25% • 25%
26%-50% • 25%
51%-100% • 25%
Less than $1 million • 25%
$1 million - $3 million • 25%
$3 million - $5 million • 25%
More than $5 million • 25%
Less than $200 million • 25%
$200 million to $500 million • 25%
$500 million to $1 billion • 25%
More than $1 billion • 25%
Less than $1 billion • 25%
$1 billion to $3 billion • 25%
$3 billion to $5 billion • 25%
More than $5 billion • 25%
$100 million to $146 million • 25%
$146 million or more • 25%
Less than $50 million • 25%
$50 million to $100 million • 25%
$100 million to $150 million • 25%
More than $150 million • 25%