On August 14, the Securities Exchange Commission (SEC) announced today that it has obtained preliminary injunctions, asset freezes and other emergency relief against Atlanta-based Drive Planning LLC and its founder and CEO Russell Todd Burkhalter to stop a $300 million real estate Ponzi scheme affecting more than 2,000 investors. In addition, a receiver for Drive Planning was appointed. The Securities Exchange Commission alleges that the defendants misappropriated millions of dollars of investor funds to fund Burkhalter's lavish lifestyle and make Ponzi-like payments.