Investors who sank $100K into real estate, Airbnb programs accuse well-known Jacksonville entrepreneur of fraud

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A well-known Jacksonville entrepreneur has been accused of fraud which has prompted her investors to file lawsuits with claims of bad business practices.

Janay White is the CEO of eight different companies in Jacksonville including the J White Business Center which offers credit repair services and credit education courses to customers.

The contract promised investors the company would locate and purchase a property, renovate and sell it. Griffin said as the investor, she expected to get 70% of the profits at the time of sale. Andre Romano and Buddy Wilson said they also invested money into what was advertised as a short-term investment opportunity.Buddy Wilson and Andre Romano said they also invested money into what was advertised as a short-term investment opportunity. Contracts show they paid a one-time administrative and set up fee of $7,000 to White for a turnkey Airbnb property. Monthly rent and other fees would be deducted from their profits.

Romano and Wilson both said they received monthly profit and loss statement from their short-term investment properties and started noticing red flags immediately because the numbers weren’t adding up.

 

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