SLIG Victims

  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,  ...

  DEM: The Squatter at the 4th Floor "Days of Our Multiplex: The Drama Behind LA’s Downtown Executive Building" Written by  The Princess of Isfahan .   In the heart of LA’s Fashion District, where retail shops hum and street food sizzles, the Downtown Executive Multiplex (DEM) stood like a stage set for success. But behind the glitz and glamour of Santee and 12th Street, a high-stakes drama unfolded—a saga of betrayal, deception, and unpaid dues. The plot thickened with every passing day, and at the center of it all was our man, Abraham Pedram Mehrian, whose idea of business seemed to be "collect everyone’s rent but your own."   Act 1: The Conflict of Interests . Through his company, SLM, he not only managed the building but also strategically placed his own company, SLIG as a tenant, on the top floor occupying 25% of the building and a good part of the third floor—without paying a dime in rent. This entitlement reflected his soap villain-like ambition to control th...

  Abraham Mehrian Receives Permanent Restraining Order for Civil Harassment at Barton 8 On October 1, 2024, Pedram Abraham Mehrian faced a significant legal defeat when the Los Angeles Superior Court, presided over by Judge Michael R. Powell, issued a permanent restraining order against him in case number 24STRO03092 for civil harassment. The ruling followed accusations that Mehrian, as manager, had escalated a residential dispute at Barton 8 into a pattern of intimidation, causing both emotional distress and physical injuries.   Despite Mehrian being represented by attorney David Youssefyeh, the victim appeared without legal counsel and presented compelling video evidence, including police reports detailing incidents of package theft, mail tampering, stalking, property damage, and obstruction of garage access. A particularly alarming incident involved Mehrian approaching the victim's door with a hammer. The restraining order petition, filed in March 2024, led to a temporary o...

  Pedram Mehrian: What His Bail Conditions Mean for Investors?  In the Federal criminal case:  United States v. Pedram Abraham Mehrian where the defendant  faces five counts of wire fraud. The strict bail conditions imposed are not merely procedural but are specifically designed to protect investors from further financial harm.   Bail Conditions and SEC Ban In a striking move, the court has prohibited Mehrian from soliciting investments through any entities incluidng LLCs he owns or controls, and mandated compliance with a judgment from the SEC (case number 23-cv-8009-FMO), permanently barring him from participating in any securities transactions, including the sale of promissory notes. Additionally, he was ordered to pay personally approximately $1.2 million to SEC.  Source:  Mehrian FINRA BrokerCheck Report   Pages 7 - 9.   Mehrian is also restricted from selling or transferring any asset valued at $5,000 or more, preventing him from l...

  Concern: SLIG Investors Left in the Dark Without K-1 Forms or Annual Reports. Did you receive your K-1 from SLIG?    Some SLIG investors are concerned that they never received the legally required K-1 forms for 2023, which are essential for tax filing, nor the annual reports that provide transparency into the financial status of their investments. The failure to provide K-1 forms places investors at risk of substantial financial and tax complications   Even if no distributions were made, investors are still entitled to a K-1 form, as it contains crucial financial information necessary for accurate tax reporting.   Furthermore, when an investment property is sold, or liquidated, syndicators are legally obligated to provide a final accounting of how proceeds are distributed, ensuring transparency.   The omission of annual reports  is particularly troubling in cases like the "Tamarind South" project. This fully occupied building, which was collecting mo...

  Knowlton Investors Demand Answers Over Missing Million Dollars It's been over two years since the "Legacy Knowlton" project—a 36-unit apartment building developed by Strategic Legacy Investment Group (SLIG)—was sold. Unlike many of SLIG's other projects, which nosedived into foreclosure and caused millions in investor losses, "Legacy Knowlton" was completed and successfully sold, generating approximately $1,000,000 intended for investor returns. However, investors not only never received any distributions from the rental income but also have yet to receive their share of the proceeds $1,000,000 from the sale, as agreed upon.   On July 30th, 2024, Knowlton Investors formally demanded their money from SLIG President Pedram Abraham Mehrian. who has remained silent, ignoring their requests.      See demand letter #1   July 30th, 2024   See demand letter #2  August 9th, 2024   Investigations reveal that around $1,000,000 was diverted to cover de...

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...