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Burned investors across the nation compare the Redding-based Asset Real Estate & Investment Co. (AREI) collapse to Enron and other infamous financial scandals. Lynn Raadik, 75, of Santa Cruz said she and her 80-year-old husband, Karl, lost $1 million when their investments in three AREI-controlled senior living centers evaporated last year. Doug Deskin, 59, of Sonoma County lost $500,000 in ...
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NOBLESVILLE, Indiana (AP) -- Jean Snyder lived, as they say, a good, long life.
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