Rosie Nieto Rosie NietoRosie Nieto Real EstateNaked Lady Real Estate Rosie Nieto promises to pay investors 9-12% return on their money, takes theuir money and leaves Los Angeles California
Rosie Nieto put together the idea of a Los Angeles Meeting and Event Center and proceeded to clooect over $250,000 from 8 investors to bring this "business" to reality.
Each investor put in a minimum of $25,000 for her real estate agent to secure an overpriced lease on a used bank building near Paramount Studios in Culver City.
Rosie put together incomplete LLC documents (according to syndication attorney Kim Lisa Taylor) and did not properly setup the LLC.
Rosie Nieto refused to provide any accountability or details of the monthly operating expenses or financials for the 6 months the operation was in business.
Rosie Nieto refused to provide any investor paperwork or accounting for their tax retuens and ran off with all said investment monies with zero accountability and has since refused to take any phone calls and cancelled her cell servie and shut down her illegal real estate flipping business.