Articles Posted in Case Results

Dustin Aab, a former social media influencer was ordered to pay an investor $308,700 by a Riverside Superior Court Judge on December 13, 2024.

This is the latest judgment against Dustin Aab for failing to repay investors who loaned money to him and his former company Crashem Enterprises. The Law Office of David Liebrader also secured a separate judgment against Mr. Aab in the Clark County (Nevada) District Court in September, 2023. That judgment has been domesticated and is being enforced in California.

Despite holding himself out on social media as a savvy investment professional, Dustin Aab is not licensed to sell securities, real estate or insurance in California. Nor is he affiliated with a broker dealer or registered investment advisor.  Investors should always check the license status of individuals they do business with. FINRA maintains a database of people licensed to sell securities, while the California Department of Real Estate, as well as the California Department of Insurance have websites where people considering investing with individuals like  “Dustin da Closa” as he refers to himself, can check licensing status.

A Clark County, Nevada judge awarded an investor $153,295 in a judgment against life coach and entrepreneur Dustin Aab on September 14, 2023.

Mr. Aab, who goes by the moniker “Dustin da Closa” on Instagram, touts himself as a wealthy entrepreneur, and his social media is replete with pictures of fancy cars, private jets and bundles of cash.

Despite these trappings of millennial luxury, he was unable to repay the Plaintiff a $65,000 loan she made to him earlier this year.

On September 7, 2021 in the Clark County Nevada District Court, Chinese businessman Patrick Sun was ordered to pay $996,572 to an investor in his Chateau Le Trois EB-5 investment program. Mr. Sun previously known as Yao Jiang, from Shanghai, China, legally changed his name from Yao Jiang to Patrick Sun in the Clark County District Court by way of a name change filing in February, 2012.  Thereafter Yao Jiang began doing business under his new name, Patrick Sun.

In 2014, Mr. Sun and his then wife Ruomei Zheng put together a plan to develop a 14 acre parcel of land in the southwest Las Vegas valley to construct a mixed use development comprised of condos, a hotel and a convention center. They called the project “Chateau Les Trois.” The plan was to attract EB-5 investors, mostly Chinese nationals, who would provide the capital for a substantial portion of the development.

Mr. Sun didn’t own the land, which was located at 8030 W. Maule Ave near the 215 Freeway and Buffalo Drive in the southwest Las Vegas valley.  Instead, Mr. Sun – through an affiliated LLC – held an option to purchase the land from a third party.  Despite a written purchase contract to acquire the land, and numerous extensions provided by the seller, Patrick Sun never acquired the land, never pursued another EB-5 project on behalf of the CLT investors, and failed to return Plaintiff’s money.

Virtual Communications Corporation officer Vernon Rodriguez was found liable to a group of Plaintiffs who purchased Promissory Notes from the company in 2015. In addition to Mr. Rodriguez, former CEO, and current shareholder Ronald Robinson was also found liable and, pending the issuance of a final judgment, will be ordered to compensate the Plaintiffs. The case is Hotchkiss v. Ronald Robinson and Vernon Rodriguez, filed in Clark County District Court, case # A-17-762264-C. The Court’s decision was issued on April 27, 2020.

Virtual Communications Corporation, a  Las Vegas company raised about $4 million from investors throughout the country in an unregistered securities offering.  The securities took the form of promissory notes, and were personally guaranteed by Virtual Communications Corporation’s former CEO Ronald Robinson. Plaintiffs were purchasers of these promissory notes.

The Company claimed it ran out of money in early 2015, and stopped paying the nine percent interest to investors under the notes.  Afterwards, investors began to file lawsuits in Clark County District Court against the company and the guarantor Ronald Robinson.

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