Stoltmann Law Offices continues to investigate Paul Everett Creager, who was indicted Wednesday on two felony counts of wire fraud and arrested the next day. Creager was accused of telling investors that his business was worth millions and that his personal net worth was in excess of $1 million. But, a private lender, Financial & Marketing Solutions LLC had lent him more than $3.2 million and had a priority secured position in his real estate developments, his home and his vacation home. Creager then became delinquent to FMS and the company foreclosed and wiped out his two investors who had invested $724,000. One of the investors was a Navy veteran from St. Louis County who lost more than $400,000. There is an ongoing federal criminal investigation related to investments involving Paul Creager and his companies. Please contact our Chicago and Barrington, Illinois-based law offices today at 312-332-4200 if you or someone you know suffered losses with Mr. Creager. We are securities attorneys who may be able to help you recover your financial losses in the arbitration forum on a contingency fee basis, which means we only make money if you recover yours. The call is free with no obligation so please call today.
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