Wednesday 18 September 2019

Embattled Prodigy Network CEO Rodrigo Niño to step down

Prodigy Network founder Rodrigo Niño is stepping down from his position as CEO amid mounting financial and legal issues. Prodigy, a real estate crowdfunding platform, has faced criticism from investors in recent months over underperforming investment properties and unpaid distributions. On Monday, an investor in one of Prodigy’s newest projects — the 13-story Standard Hotel in Chicago — filed a lawsuit alleging the firm was “insolvent” and had used investments “for purposes other than those […]



source https://therealdeal.com/national/2019/09/18/embattled-prodigy-network-ceo-rodrigo-nino-to-step-down/#new_tab

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