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Thursday, March 28, 2024 | Back issues
Courthouse News Service Courthouse News Service

SEC Sues Rabbi

The SEC sued Rabbi Zvi Feiner, Erez Baver and their company FNR Healthcare in federal court, claiming they raised more than $10 million to buy nursing homes, but sold properties without telling investors, failed to distribute the proceeds to investors and spent them on other projects and themselves.

CHICAGO — The SEC sued Rabbi Zvi Feiner, Erez Baver and their company FNR Healthcare in federal court, claiming they raised more than $10 million to buy nursing homes, but sold properties without telling investors, failed to distribute the proceeds to investors, and spent them on other projects and themselves.

Categories / Securities

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