Attention Gerry Linarducci’s Drive Planning Investors

MDF Law is investigating customer complaints related to Gerry Linarducci’s recommendation of Drive Planning and REAL (real estate acceleration loans). MDF Law[1] is investigating investor complaints against Gerry Linarducci related to his marketing and sale of REAL (Real Estate Acceleration Loans) through a company called Drive Planning.  On August 13, 2024, the Securities and Exchange Commission charged various individuals and companies with orchestrating a $300 million ponzi scheme through a company called Drive Planning.  The case citation is Securities and Exchange Commission v. Drive Planning, LLC and Russell Todd Burkhalter, No. 1:24-cv-03583 (N.D. Ga. filed Aug. 13, 2024). MDF Law is investigating customer complaints related to Gerry Linarducci’s recommendation of Drive Planning and REAL (real estate acceleration loans).

Gerry Linarducci’s YouTube Videos Promoting the Ponzi Scheme

Read the SEC Complaint Regarding Drive Planning

The SEC’s [2]complaint claims that from 2020 until at least June 2024, Drive Planning raised over $300 million for supposed real estate investments, telling investors their funds would be used for land development projects. They promised a 10% return every three months and urged investors to use their savings, retirement accounts, and even take out lines of credit to invest. However, Drive Planning allegedly lacked a business that could deliver the promised returns and instead used investor funds to make Ponzi-style payments. The complaint also accuses Drive Planning’s owners with misappropriating investor money to finance his extravagant lifestyle, including purchasing a $3.1 million yacht, spending $4.6 million on private jets and luxury car services, and $2 million on a luxury condo.

Did you Invest with Gerry Linarducci?