Rich Uncles' auditor charged with accounting fraud by SEC
This, on top of SEC investigation for marketing fraud, adds to embattled platform's woes. Now, a new Wall Street Journal article alleges Rich Uncles REIT's cash flow was plumped up after recent accounting change.
(Disclaimer: I'm not a financial advisor or attorney. Consult your own financial and/or legal advisors before making any investment or legal decisions.)
The auditor of Rich Uncles, Anton & Chia, has been charged by the SEC for auditing fraud on behalf of 3 of their clients.