Greg and Danielle Parker Indictment May Lead to Additional Victims
CLEVELAND—FBI Cleveland is seeking victims of a New Jersey couple who were indicted for allegedly running an investment scam that took investors’ money with a promise to receive high returns on the development of real estate properties mostly in the Cleveland area.
The scam operated as a Ponzi scheme, with victims being misled and lied to, and some early investors paid with funds from later investors.
A federal grand jury returned an indictment charging Gregory, 50, and Danielle Parker, 50, of New Jersey, with Conspiracy to Commit Wire Fraud and Wire Fraud.
According to allegations in the 65-page indictment, the married couple carried out the real estate investment scheme between January 2017 to December 2023. Victims were led to believe they were purchasing properties, mostly located in Cleveland and East Cleveland, to be developed into multi-family dwellings that would generate above-market returns from rental income. However, the Parkers instead took the investors’ money and used it to repay earlier investors and fund their own lavish lifestyle.
“While the indictment focuses on the 13 victims already identified, we sense there could be more,” said FBI Cleveland Special Agent in Charge Joshua DelManzo. “We are asking the public to contact the FBI if they or someone they know may have attended any of the Parker’s seminars, invested with them, or purchased property at the advice, direction, or coordination of the Parkers.”
Investigators learned that the Parkers hosted seminars throughout New Jersey, Pennsylvania, and Ohio, including one held at the Cleveland Hyatt Regency in May 2022. Potential victim investors were then identified from among the seminar attendees. People were enticed to attend the seminars after seeing the Parkers’ luxurious lifestyle depicted on a social media platform. Some videos featured Gregory Parker flying in a private jet, driving a Mercedes-Maybach, or vacationing in the Bahamas. They also shared video announcements for upcoming seminars with titles such as “Rolling with the Parkers,” “Greg Parker Presents: Big Bizzneesss Minus the Business Suit!!!” and “Year of the Millionaire Tour.” In one video, the Parkers were observed driving a Lamborghini to promote an upcoming seminar entitled “The Road to Financial Freedom.”
Victim investors were typically charged $2,000 to $5,000 to enroll in the Parkers’ real estate investment and mentorship program. Then, the couple would purportedly obtain a single-family or multi-unit rental property on the victim’s behalf in exchange for an agreed-upon down payment.
Victims received very little information about the properties they believed they had purchased. When they contacted the Parkers to ask questions or complain, the Parkers’ responses were often delayed and consisted of run-around excuses.
Investigators found that some victims never received a property, or they received property without a clear title. Others received a condemned, dilapidated, or otherwise uninhabitable property and were forced to sell, or attempt to sell, the property they did receive at a loss.
FBI Cleveland is leading the investigation and urges anyone who may believe they were a victim, attended the workshops or webinars, or had any dealings with the Parkers, to contact FBI Cleveland by email at ParkerInvestorTips@fbi.gov with “Parker Investor” in the subject line.
If convicted, each defendant’s sentence will be determined by the Court after a review of factors unique to the case, including prior criminal records, if any, roles in the offense, and the characteristics of the violations.
In 2025, the FBI Internet Crime Complaint Center reported $7.6 million in losses due to real estate investment fraud across Ohio and over $275 million nationwide.