{"id":2752,"date":"2016-06-12T00:00:00","date_gmt":"2016-06-12T04:00:00","guid":{"rendered":"http:\/\/silverlaw.lawblogger.net\/blog\/united-development-funding-claims-conducted-internal-investigation-awaiting-ongoing-civil-criminal-investigations\/"},"modified":"2018-10-08T12:39:14","modified_gmt":"2018-10-08T16:39:14","slug":"united-development-funding-claims-conducted-internal-investigation-awaiting-ongoing-civil-criminal-investigations","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/united-development-funding-claims-conducted-internal-investigation-awaiting-ongoing-civil-criminal-investigations\/","title":{"rendered":"United Development Funding Claims It as Conducted an Internal Investigation; Awaiting Ongoing Civil and Criminal Investigations"},"content":{"rendered":"<\/p>\n<p>Real estate finance company United Development Funding (\u201cUDF\u201d) publicly speaks nearly three months after an FBI raided its headquarters in February 2016.<\/p>\n<p>In a <a href=\"http:\/\/www.udfonline.com\/independent-investigation-united-development-funding-iv-finds-no-evidence-fraud\/\"  target=\"_blank\">news release<\/a>, UDF said a board-authorized probe into its inner workings by an outside law firm UDF hired found no evidence of fraud or misconduct on the part of the trust, its management, or its advisor.\u00a0 Silver Law Group has been <a href=\"https:\/\/www.silverlaw.com\/media\/news-releases\/silver-law-group-investigates-united-development-funding-udf-udf-iv-amidst-ponzi-scheme-allegations-sec-investigation-fbi-raid-headquarters\/\" target=\"_blank\">monitoring the situation<\/a> since March.<\/p>\n<p>The news comes in light of heavy fire the real estate finance company has come under going back to 2015.\u00a0 In December 2015, Hayman Capital Management principal Kyle Bass, anonymously at the time, posted a report and letter enumerating UDF business red flags and alleging it was being run like a Ponzi scheme.<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.silverlaw.com\/blog\/united-development-funding-claims-conducted-internal-investigation-awaiting-ongoing-civil-criminal-investigations\/\"  title=\"Continue Reading United Development Funding Claims It as Conducted an Internal Investigation; Awaiting Ongoing Civil and Criminal Investigations\" class=\"more-link\">Continue reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Real estate finance company United Development Funding (\u201cUDF\u201d) publicly speaks nearly three months after an FBI raided its headquarters in February 2016. In a news release, UDF said a board-authorized probe into its inner workings by an outside law firm UDF hired found no evidence of fraud or misconduct on the part of the trust, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[578],"tags":[],"class_list":["post-2752","post","type-post","status-publish","format-standard","hentry","category-all-releases"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>United Development Funding Claims It as Conducted an Internal Investigation; Awaiting Ongoing Civil and Criminal Investigations &#8212; Securities Arbitration Lawyers Blog &#8212; June 12, 2016<\/title>\n<meta name=\"description\" content=\"If you invested in any United Development Funding products, you may be entitled to recover some of your investment losses. Contact Silver Law Group today\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.silverlaw.com\/blog\/united-development-funding-claims-conducted-internal-investigation-awaiting-ongoing-civil-criminal-investigations\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"United Development Funding Claims It as Conducted an Internal Investigation; Awaiting Ongoing Civil and Criminal Investigations &#8212; Securities Arbitration Lawyers Blog &#8212; June 12, 2016\" \/>\n<meta name=\"twitter:description\" content=\"If you invested in any United Development Funding products, you may be entitled to recover some of your investment losses. 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Contact Silver Law Group today","twitter_misc":{"Written by":"Silver Law Group","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.silverlaw.com\/blog\/united-development-funding-claims-conducted-internal-investigation-awaiting-ongoing-civil-criminal-investigations\/","url":"https:\/\/www.silverlaw.com\/blog\/united-development-funding-claims-conducted-internal-investigation-awaiting-ongoing-civil-criminal-investigations\/","name":"United Development Funding Claims It as Conducted an Internal Investigation; Awaiting Ongoing Civil and Criminal Investigations &#8212; Securities Arbitration Lawyers Blog &#8212; June 12, 2016","isPartOf":{"@id":"https:\/\/www.silverlaw.com\/blog\/#website"},"datePublished":"2016-06-12T04:00:00+00:00","dateModified":"2018-10-08T16:39:14+00:00","author":{"@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/de64d999508b1ad10d608a99f0d2e752"},"description":"If you invested in any United Development Funding products, you may be entitled to recover some of your investment losses. 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