Durham police have formally charged two individuals linked to the Courtney Jordan Foundation with alleged fraud. Nicholas Gallardo, serving as CFO, and the eponymous founder Courtney Jordan face allegations of obtaining property by false pretenses and felony conspiracy, as detailed by WRAL Investigates. Despite arrest warrants having been issued, both Gallardo and Jordan have not been taken into custody.
The charges seem to pivot around a complaint that involved a significant cash transaction supposedly destined for an investment fund. The complainant arrived at the conclusion that the fund was not to be operated as originally agreed, prompting demands for a return of the funds, a request met with a check that bounced due to insufficient funds, as noted by ABC11.
Furthermore, the investigation has reportedly uncovered that the Courtney Jordan Foundation may be linked to other questionable investment funds and outstanding unpaid commitments. In a statement obtained by CBS17, the Durham Police Department’s ongoing investigation has brought to light similar patterns of the foundation’s involvement in fraudulent activities…