SEC
Whistleblower
Attorneys
LANDMARK LAWSUIT FILED AGAINST SEC TO PROTECT ALL WHISTLEBLOWERS

April 01, 2021

George S. Blankenbaker, StarGrower Commercial Bridge Loan Fund 1 LLC, StarGrower Asset Management LLC, Blankenbaker Investments Fund 17 LLC

Offering Fraud

SANCTION AMOUNT: $5196641

Defendants: StarGrower Commercial Bridge Loan Fund 1 LLC, StarGrower Asset Management LLC, Blankenbaker Investments Fund 17 LLC
George S. Blankenbaker

Defendants consented to settle charges of misappropriation of investor funds, including Ponzi scheme payments. The SEC alleged that they misled investors by falsely telling them their money would be used to make short-term loans to food exporters in Asia, and that the investments were secured by shipping containers holding the food products.

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