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NRIA filed for Chapter 11 bankruptcy protection on June 7, 2022. The SEC alleges that those investor funds were only occasionally used to make real estate investments, and instead, were primarily used to: pay distributions to other investors (a practice sometimes characterized as ?robbing Peter to pay Paul?);
Rey Grabato - President & CEO - NRIA (National Realty Investment Advisors) | LinkedIn.
Rey Grabato of Hoboken, president of the NRIA Fund and 80% owner of NRIA.
Yes, FNRP is a Worthwhile Investment With a high bar to entry, First National Realty Partners isn't an opportunity that's available to everyone. However, if you meet their minimum requirements, FNRP can be a great way to make your money work for you!