SLIG Victims

What Happened to Your SLIG Promissory Note?   Los Angeles, CA –  The Securities and Exchange Commission (SEC) charged Pedram Abraham Mehrian with orchestrating a fraudulent Ponzi-like scheme through his companies, Strategic Legacy Investment Group Inc. (SLIG) and SLIG High Interest Liquid Savings Co.  SEC Complaint Link     The scheme deceived over 150 investors, defrauding them of millions of dollars through the sale of promissory notes.    The SEC alleged that Mehrian used deceptive tactics, falsely claiming these promissory notes were "recession-proof" securities with "guaranteed interest" rates higher than market averages, returns that would "outpace inflation," and assurances that the promissory notes were "backed by SLIG's portfolio of assets," despite SLIG having no actual assets.   Final Judgment The SEC won the civil suit, and the judgment imposed the following obligations: Strategic Legacy Investment Group Inc. is obligated to pay $...

  FBI Arrested Pedram Mehrian in  SBA Loan Fraud Scheme On February 14th, 2023, Founder, President of Strategic Legacy Investment Group (SLIG) Pedram Abraham Mehrian was arrested by the FBI on charges related to a fraudulent scheme that exploited the Small Business Administration's (SBA) Economic Injury Disaster Loan (EIDL) program. Mehrian faces five counts of wire fraud for his role in orchestrating a complex and deceptive plan that aimed to secure millions of dollars in federal relief funds under false pretenses. The Fraudulent Scheme Unveiled According to court documents, Mehrian, along with unnamed accomplices, devised a scheme between May 2020 and September 2020 to defraud the SBA by submitting a series of fraudulent EIDL loan applications. These applications were filed on behalf of five entities, including Strong Faith, Family Financial, MSLM, Trans 26, and Supreme Executive—businesses owned and controlled by Mehrian. United States vs Pedram Abraham Mehrian See Court Do...