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The Hijacking of Mile High Capital Group |
No doubt about it, investors involved with the Mile High Capital Group (Denver, Colorado) lost millions of dollars. They put down earnest money on residential duplex properties, most of which were never built. The Mile High Capital Group sold a product that it failed to deliver, and investors lost a lot of money. Rick Dryer, founder and former CEO of Mile High is currently under indictment on 67 felony charges ranging from theft to securities fraud for his involvement in an alleged real estate Ponzi scheme.
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