I’m waiting to hear what the bank finds out about whether he was transferring rent deposits to unauthorized accounts.
Club Fed has a spot for Park.
If so, this would be classified as theft which Pavicic would likely file claims against. As for any JPTE shareholder ever taking the time to go after Parks is not high on the radar. That said, I'm sure the FBI is likely going to bring this to the front burner should Pavicic take legal action.
Even if someone does bring legal action, it will likely be after the bank is done with its review and will take over 3+ years to see any kind of legal accounting. In the meantime, I prefer to invest in actual development companies that are focused on the next great money maker. aka; Tokenization.
🚨 BREAKING: The SEC’s Investor Advisory Committee is holding a meeting on Dec 4 to discuss tokenization of stocks, securitie, real estate and other RWA's.