A Brooklyn dealmaker’s legal avalanche 
Brooklyn dealmaker Bert I. Dweck is staring down a legal avalanche that reads less like a routine business dispute and more like a slow-motion collapse. Dweck, of Dweck Group, faces seven lawsuits in New York state court seeking at least $14.4 million over allegations that include unpaid loans, diverted escrow funds and checks tied to frozen or nonexistent accounts. The complaints sketch out a network of investors and lenders who claim they kept wiring money into deals. According to multiple lawsuits, Dweck allegedly pitched acquisitions, collected deposits or partnership capital and then failed to close deals or return funds. In […]
This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

New York City halts office-to-resi conversion at 222
Broadway

DOJ launches criminal investigation into camps owner Simad
Holdings, David and Michael Shabsels

Deal Diary: 9 Years, 39 Doors, and $20K a Month in Cash
Flow—Here’s How Jefferson Simmons Built His Portfolio

One Rental Property Saved Me From My 100-Hour
Workweeks

The “Repeatable” Strategy That Helped Him Buy 6 Rentals in 6
Months (Working 9-5)

Cash Flow vs. Appreciation: What Should Beginners Focus on?
(Rookie Reply)

6 Reasons Why Buyers Walk Away After Touring a Home

Location vs Property Size: What Matters More When Buying a
Home?

Low-Maintenance Living: Top Features That Make a Home Easier
to Maintain

Rybak bucks 485x slump with 500-unit Coney Island
development


