SEC
Whistleblower
Attorneys

April 15, 2019

Lawrence P. Schmidt, Commercial Equity Partners, Ltd, FutureGen Company (d/b/a FutureGen Capital), FGC Distressed Assets Investment #1, LLC, FutureGen Capital DDA CG Fund LLC, FGC Tax Lien Fund #2, LLC, FGC Trading Fund #1 LLC, FGC SPE NO 1 LLC, FGC SPE N

Offering Fraud

SANCTION AMOUNT: 37793612.11

Defendants: Commercial Equity Partners, Ltd, FutureGen Company (d/b/a FutureGen Capital), FGC Distressed Assets Investment #1, LLC, FutureGen Capital DDA CG Fund LLC, FGC Tax Lien Fund #2, LLC, FGC Trading Fund #1 LLC, FGC SPE NO 1 LLC, FGC SPE NO 2 LLC, FGC CM Note Fund LLC
Lawrence P. Schmidt

Combined sanction against Schmidt (who defaulted, because he fled the country) and the entity Defendants. According to the SEC's complaint, Schmidt defrauded investors of millions by creating a web of seemingly legitimate companies that were in fact simply designed to entice investment and conceal his misuse and commingling of funds.

Thank you for submitting some email to us.