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Jul 27, 2019 · Dan Liu, managing partner of Founders Group International, which owns 22 golf courses and numerous other properties on the Grand Strand, said in April 2016 that reports of alleged fraud...
- Testified During Her Trial
Founders Group International LLC filed an I-140 Immigrant...
- Both Have Denied The Allegations
Founders Group International partners Nick Dou and Dan Liu...
- Were Arrested for Embezzlement
The Founders Group International flag flies along with the...
- Creating 17 Mortgages on Company Properties
The Founders Group International flag flies along with the...
- Chinese-Owned Fgi's First Course Could Be Redeveloped
The Chinese-owned Founders Group International has requested...
- Testified During Her Trial
Aug 27, 2020 · By Paul Gable. Investors bilked out of over $1.1 billion are pursuing a class action lawsuit in federal court against Founders Group International, its associated LLC’s and principal owner Dan Liu. The lead plaintiffs in the case are Xunhui Cheng, a citizen of the Peoples Republic of China, and Kelan Cai, a citizen of the United States.
Jun 24, 2022 · Dan Liu (Founders Group International) purchased 22 area Myrtle Beach Golf courses in 2014 and 2015 in what the Sun News called a Chinese Ponzi scheme. The funds were raised by a firm called Yiqian Funding. Liu is a Chinese national who stole $1.17 billion and then invested $350 million of that in Myrtle Beach.
Jul 24, 2017 · July 24, 2017 4:22 AM by Paul Gable. By Paul Gable. Dan Liu, majority partner of the Founders Group International entities, fired back hard at minority partner Nick Dou in answering a complaint in a lawsuit filed by Dou against Liu, three Chinese corporations and the many limited liability companies that make up the Founders Group International ...
May 8, 2024 · Dan Liu who created Founders Golf International, FGI, with $3 billion in funds stolen from Chinese investors could be facing a class action lawsuit. According to Court Room News, The Fourth Circuit Court of Appeals heard arguments in granting a class certification to investors hoodwinked in a Chinese Ponzi scheme Tuesday.
Jun 28, 2017 · Founders Group International is the largest owner/operator of golf courses and clubs in Myrtle Beach and one of the largest employers in the area.
The former president of Founders Group International, a company overseen by Chinese investors that owns 22 golf courses along the Grand Strand, has filed a lawsuit against his ex-business...
