Michael Chudi Ejekam appears to be the focus of a fraudulence examination. Ejekam has actually now been connected to former basketball star Tate George’s actual estate ponzi scams scheme for which Tate George has been punished for a 9-year prison term. While employed by Bayrock, Ejekam partnered with Tate on numerous actual estate deals. George and Ejekam used Donald Trumps name to attract financiers right into buying their illegal Ponzi scheme.
Bayrock Group, Ejekam’s former employer is a successful real estate development business, with several prominent partnership projects with Donald Trump. Bayrock has actually been at the heart of numerous rumors connecting to their leading executives.
Michael Chudi Ejekam with his companion as well as university roommate Jody Kriss, a previous CFO of Bayrock have actually been associated with a $1 billion extortion system versus the Bayrock Group, Donald, and Ivanka Trump, and also several other high-profile individuals, law companies (consisting of Kriss’ papa Ronald Kriss’ attorney Akerman Senterfitt, from which Kriss senior was fired right after the lawsuit was submitted) and major property companies. Ejekam’s lawyers in that extortion instance. Richard Lerner was referred for criminal prosecution twice in that case for dishonest as well as illegal methods of the legislation.
Ejekam as well as Kriss’ suspicious company techniques are not restricted to property fraudulence. Kriss’ has been accused of having links to the Persico Mafia crime family and also is accused of aiming to have a previous business affiliate killed.
Ejekam is reported to have actually gotten away New York to distance himself from all the illegal activities and also legal actions. He was recently terminated from the personal equity firm, Actis, as Director of Real Estate for West Africa, when his past became recognize to the company. Actis established the largest shopping center in Nigeria and has substantial financial investments throughout Africa.