Pacific Private Money Archives | Weekly Real Estate News

2 California Real Estate Investment Executives Charged with Running a Ponzi Scheme

by Phil Hall | Sep 4, 2026 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Two executives from a now-shuttered California-based real estate investment and finance group have been charged with operating a $103 million Ponzi-style fraud scheme. Mark Hanf was the founder and CEO of Pacific Private Money and Nam Phan was the company’s chief...

2 California Real Estate Investment Executives Charged with Running a Ponzi Scheme

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