Durham police have formally charged two individuals linked to the Courtney Jordan Foundation with alleged fraud. Nicholas Gallardo, serving as CFO, and the eponymous founder Courtney Jordan face allegations of obtaining property by false pretenses and felony conspiracy, as detailed by WRAL Investigates. Despite arrest warrants having been issued, both Gallardo and Jordan have not been taken into custody.
The charges seem to pivot around a complaint that involved a significant cash transaction supposedly destined for an investment fund. The complainant arrived at the conclusion that the fund was not to be operated as originally agreed, prompting demands for a return of the funds, a request met with a check that bounced due to insufficient funds, as noted by ABC11.
Furthermore, the investigation has reportedly uncovered that the Courtney Jordan Foundation may be linked to other questionable investment funds and outstanding unpaid commitments. In a statement obtained by CBS17, the Durham Police Department’s ongoing investigation has brought to light similar patterns of the foundation's involvement in fraudulent activities.
In addition to the charges, the foundation has reportedly failed to pay employees for their work at summer camps, a situation previously reported extensively by WRAL Investigates. A lawsuit has since been filed by seven former employees in Durham County alleging the non-payment of wages. The lawsuit claims to have been filed against CJF America and its executives, with details on the proceedings still to unfold as the investigation continues.
