Overview

• Federal court filings in the Southern District of Florida accuse Alex Mehr, Tai Lopez and COO Maya Rose Burkenroad of misleading hundreds of investors from 2020 to 2022.
• Investigators say REV raised more than $230 million from roughly 660 investors, with about $112 million tied to fraudulent offerings across eight retail brands.
• The complaint alleges at least $5.9 million in investor returns were funded by other investors rather than profits, and about $16.1 million was diverted for personal use.
• REV promoted high-yield notes and equity with monthly payouts while claiming portfolio brands like RadioShack, Pier 1 and Dress Barn were thriving despite ongoing losses, according to the SEC.
• After REV’s default and 2023 bankruptcy, the brands were sold to Omni Retail Enterprises in 2024, and the defendants have not issued a substantive public response in the coverage cited.