Real Estate
GDA Real Eatate ServicesAbout
Important information
- Government Actions:Government Action: BBB reports on known government actions involving business’ marketplace conduct:People of the State of Colorado vs Gary Jule Dragul
The following describes a pending government action that has been formally brought by a government agency but has not yet been resolved. We are providing a summary of the government's allegations, which have not yet been proven. A Colorado state grand jury has indicted Gary Jule Dragul on nine counts of securities fraud. The allegations in the indictment provide that Dragul (who has never held a securities license in Colorado) through his company, GDA Real Estate Services. LLC, engaged in a course of business designed to defraud investors. He allegedly failed to disclose to investors the actual financial condition and substantial debt of GDA, the lawsuits filed against them, and that investor funds were used to pay for his private expenses. For more information: https://www.colorado.gov/pacific/dora/gary-jule-dragul-indicted-securities-fraud-colorado
On September 4, 2018, the Denver District Court granted an order of temporary injunction against Gary Jule Dragul. A Receiver was also appointed to immediately take over management of all assets controlled by Gary Jule Dragul in hopes that the remaining assets may be returned to investors suspected to have been taken advantage of through the Defendant's dealings. Gary Jule Dragul is prohibited from engaging in any securities-related business in Colorado, destroying any records related to the case and all assets are frozen.
Business Details
- Local BBB:
- BBB Great West + Pacific
- BBB File Opened:
- 10/26/2010
- Business Started Locally:
- 7/21/1997
- Business Management:
- Mr. Gary Dragul, Owner
Additional Contact Information
- Principal Contacts
- Mr. Gary Dragul, Owner
- Customer Contacts
- Mr. Gary Dragul, Owner
- Fax numbers
- Other Fax: (303) 221-5501
Additional Information
- Business Categories
- Real Estate
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