How a Texas Real Estate Developer Built a Billion Dollar House of Cards

“Almost like the game of musical chairs, I suspected that the music would soon end and investors in the Dallas-based REIT would be left with no chair.” – Forbes, Brad Thomas

News: Dallas Morning News on UDF

Posted December 21, 2015

Dallas Morning News' Steve Brown reports on UDF's stock losses and SEC investigation.

News: Forbes on UDF

Posted December 11, 2015

Forbes' Brad Thomas writes about UDF's ponzi-like scheme. 

News: Business Insider on UDF

Posted December 11, 2015

Business Insider's Julia La Roche covers UDF's scheme and share price tumble.

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