Do you know where the property is located and if it is a single or multiples properties?
It is not unusual for a property listed at around 1M or more to stay on the market for a year or more. In fact, in a normal market it's pretty much a given. No red flag for me there.
Oh, and with such strong statements about it being a scam and what the 10q will show, you really should have added an "imho"
You seem so humble, after all. lol.