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Simad Holdings Under Criminal Probe | Real Estate News

Simad Holdings and its brothers David and Michael Shabsel are under fire as the DOJ launches a criminal probe and the Southern District investigates potential PPP fraud — both while the once-thriving summer camp empire, now in bankruptcy, sells off iconic camps like Mohawk and Chen-A-Wanda to survive amid a financial collapse fueled by years of risky leverage. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated, high-level news summary based on public reporting.Report issues to feedback@thednn.ai…

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