SEC v. Joshua Thomas Jackson, No. LR-26345, Eastern District of Texas (July 11, 2025) — Press Release

U.S. SECURITIES AND EXCHANGE COMMISSION Litigation Release No. 26345 / July 11, 2025 U.S. Securities and Exchange Commission v. Joshua Thomas Jackson, No. 4:25-cv-00733 (E.D. Tex. filed July 8, 2025) SEC Charges Former Texas Resident with Multimillion Dollar Fraud in Real Estate Investment Schemes On July 8, 2025, the U.S. Securities and Exchange Commission charged former Texas resident Joshua Thomas Jackson with defrauding investors through real estate investment schemes resulting in investor losses of approximately $2.4 million. According to the SEC’s complaint, filed in the United States District Court for the Eastern District of Texas, Jackson fraudulently sold approximately $2.65 million in promissory notes to 13 investors from August 2019 through May 2021, and told them that their funds would be used either to purchase and renovate residential properties, specific to each investor, or to fund larger real estate development projects. As alleged, in addition to promising to return investors’ principal, Jackson also promised to pay monthly interest on the promissory notes, pay investors a share of the profits of the respective projects, and secure investors’ funds with a security interest in the real property acquired. In fact, the complaint alleges, Jackson used only a small portion of investors’ funds as represented. Instead, he used a large portion of investors’ funds to renovate properties in which investors had no interest, for his personal benefit and other businesses, and to repay other investors. The SEC’s complaint charges Jackson with violating the antifraud provisions of Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. The complaint seeks injunctions against future violations of the foregoing provisions, a conduct-based injunction, disgorgement and prejudgment interest and civil money penalties against Jackson. The SEC’s investigation was conducted by Rachel Bishop and supervised by Peter Diskin and Justin Jeffries of the SEC’s Atlanta Regional Office. The litigation will be conducted by Robert Schroeder and Graham Loomis.

U.S. SECURITIES AND EXCHANGE COMMISSION Litigation Release No. 26345 / July 11, 2025 U.S. Securities and Exchange Commission v. Joshua Thomas Jackson, No. 4:25-cv-00733 (E.D. Tex. filed July 8, 2025) SEC Charges Former Texas Resident with Multimillion Dollar Fraud in Real Estate Investment Schemes On July 8, 2025, the U.S. Securities and Exchange Commission charged former Texas resident Joshua Thomas Jackson with defrauding investors through real estate investment schemes resulting in investor losses of approximately $2.4 million. According to the SEC’s complaint, filed in the United States District Court for the Eastern District of Texas, Jackson fraudulently sold approximately $2.65 million in promissory notes to 13 investors from August 2019 through May 2021, and told them that their funds would be used either to purchase and renovate residential properties, specific to each investor, or to fund larger real estate development projects. As alleged, in addition to promising to return investors’ principal, Jackson also promised to pay monthly interest on the promissory notes, pay investors a share of the profits of the respective projects, and secure investors’ funds with a security interest in the real property acquired. In fact, the complaint alleges, Jackson used only a small portion of investors’ funds as represented. Instead, he used a large portion of investors’ funds to renovate properties in which investors had no interest, for his personal benefit and other businesses, and to repay other investors. The SEC’s complaint charges Jackson with violating the antifraud provisions of Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. The complaint seeks injunctions against future violations of the foregoing provisions, a conduct-based injunction, disgorgement and prejudgment interest and civil money penalties against Jackson. The SEC’s investigation was conducted by Rachel Bishop and supervised by Peter Diskin and Justin Jeffries of the SEC’s Atlanta Regional Office. The litigation will be conducted by Robert Schroeder and Graham Loomis.