Citizens 4 Enforcement of our Laws
We are concerned citizens who are appalled by the lack of enforcement of our laws. Laws are worthless where there is no enforcement. The possibility of law breaking by Daniel Butterfield and Investment Propery Experts, LLC (IPX) has been reported to and is known by the proper authorities, yet has failed to generate any investigation, prosecution and/or enforcement.
Therefore, we the undersigned, are petitioning Maricopa County Attorney General Bill Montgomery, Arizona Attorney General Mark Brnovich, the Arizona Department Revenue, the United States Internal Revenue Service (IRS), the FBI, and the SEC to investigate the actions of Daniel Butterfield and AZ Investment Property Experts, LLC, for possible criminal conduct related to over $30 million he secured from more than 140 investors in the form of Promissory Notes issued from December of 2016 through March of 2018. We believe that these notes were part of an illegal financial scheme leaving all investors with no ability to be repaid, and potentially losing their entire investment.
The Arizona Corporation Commission has issued a Cease and Desist order against Butterfield and IPX and filed a complaint of multiple security violations in connection with these security notes. The hearing on this matter begins April 29, 2019. The Arizona Corporation Commission has issued a Cease and Desist order against Butterfield and IPX and filed a complaint of multiple security violations in connection with these security notes. The hearing on this matter begins April 29, 2019.
Investigating possible criminality associated with the issuance of these securities is not vested with the AzCC. The possible criminal issues may include an illegal financial scheme, illegal money transfers, illegal wire transfers, consumer fraud, mail fraud, tax evasion schemes and other forms of criminal misconduct.
Investors and concerned citizens are demanding an investigation begin immediately to determine if concurrent with the security violations additional criminal statutes have been violated.