(877) 410-8172
Home  »  Investor Alerts  »  Johnny Tseng, Kevin Zhang, and Summitcrest Capital, Inc.

Johnny Tseng, Kevin Zhang, and Summitcrest Capital, Inc.

Date:

August 22, 2023

Type of alert:

Fraud  

The SEC brought charges against Johnny Tseng (a/k/a Kuanhao J. Tseng, Kuanhao Tseng), Kevin Zhang (a/k/a Kevin Huapeng Zhang, Huapeng Zhang), and Summitcrest Capital, Inc. for allegedly conducting an offering fraud through their real estate investment fund. The SC Development Fund raised nearly $20 million from 30 investors. The funds were used for loans, other real estate development opportunities, and to pay finder’s fees to entities that were controlled by Tseng and Zhang.

Read More

Contact Us If You Believe You Have a Case

"*" indicates required fields

Name*

Please note: We are unable to take cases with losses of less than $50,000.

This field is for validation purposes and should be left unchanged.

(877) 410-8172

© 2025 ChapmanAlbin

This site contains attorney advertising. The attorneys at ChapmanAlbin are licensed to practice law in Ohio and Michigan. Any reference to past cases or successes made herein should not be construed as a guarantee of any future outcome. Each client and each client’s case is unique, and no result or outcome is or can ever be guaranteed. The information provided in this website is offered for general information purposes only; it is not offered as and does not constitute legal advice in any way. // Disclaimer