SLIG Victims

  Modus Vivendi Through Strategic Legacy Management Inc., Pedram Mehrian is alleged to exploit landlord and tenant roles, enabling him to avoid rent obligations at various properties while collecting management fees. Critics claim this strategy allows him to live rent-free and generate profits from investors while managing properties for personal benefit. These alleged practices have reportedly caused significant financial losses to investors. Calls for full restitution include compensation not only for unpaid rents but also for other damages stemming from Mehrian’s activities. Case Summaries 1. The Knowlton Residences At the Knowlton Residences, Mehrian and his mother, Mojgan Benlevi, allegedly occupied the building’s largest apartment without providing verifiable proof of rent payments. This continued until the property was sold, at which point the new owners reportedly filed an unlawful detainer to evict them. The situation left behind unpaid bills, and allegations have surfaced...

  Mehrian's Unchecked Authority: Leaving a trail of Financial Devastation- Part 1 by  Chuck Wordsworth   Pedram Abraham Mehrian’s management has been criticized for raising significant ethical and fiduciary concerns. His decisions have reportedly resulted in severe financial losses, property foreclosures, and a notable erosion of trust among investors. Allegations of preferential treatment, misuse of unchecked authority, and potential conflicts of interest have placed his practices under scrutiny.   Lease-to-Purchase Model Challenges At the heart of the controversy is the lease-to-purchase arrangement for the eight units at Barton 8. This model was offered only to eight lucky optionees the opportunity to own a home and apply part of their monthly payments toward a deposit or down payment, to buy the unit after 40 month-contract. However, the agreement stipulated forfeiture of the contract and lose the deposits if payments were missed or the purchase was not completed...

  Mehrian: A Tale of Pretense By The Princess of Isfahan    The saga of SLIG is a tangled tale of  pretense. Once a “promising” real estate company, SLIG has become nothing more than a cautionary tale, with every project in foreclosure and its logo stripped from the downtown headquarters like an embarrassing sticker. The investors? We didn’t even get souvenir T-shirts, let alone any returns.   Yet one man pretends to be the victim: Pedram Abraham Mehrian.   Pedram had it good. Regardless his already bad reputation, life gave him another chance, he was fortunate to have the support of individuals and partners who believe in him, and who brought in investors to build SLIG. However, he lacked the capacity, and experience to fulfill the promises he made, as everything he did was rooted in pretense. Struggling with a severe drug addiction, his decisions were driven by greed and inflated ego, ultimately leading to the downfall of the company.   Today,  ...

  Pedram Mehrian And His Two Companies Owe SEC $8.4M For $17.5M Fraud Strategic Legacy Investment Group Inc. and SLIG High Interest Liquid Savings Co., accused of participating in a fraudulent real estate investment scheme, have agreed to pay over $8.4 million to settle claims related to a $17.5 million scam that deceived more than 150 investors by marketing "collateralized" and "recession-proof" securities (promissory notes). In final judgments issued in California federal court, U.S. District  Judge Fernando M. Olguin ruled that both companies would pay the U.S. Securities and Exchange Commission (SEC) $6.5 million and nearly $1.9 million, respectively.   Strategic Legacy Investment Group Inc. must pay nearly $4.9 million in disgorgement, more than $487,000 in prejudgment interest, and a $1.15 million civil penalty. SLIG High Interest Liquid Savings Co. will pay nearly $648,000 in disgorgement, over $64,000 in prejudgment interest, and a $1.15 million civil penalt...