The Van Dusen mansion, a palatial pink stone pile built in 1892 at 1900 LaSalle Avenue, was put up for sale in 2006 on eBay. Now the company that owns it, Oxford Global Advisors LLC, is one of the entities in legal trouble with two Ohio families and their pastor, who filed a federal lawsuit alleging fraud by Twin Cities-based investment advisers and associated businesses, my colleague Dan Browning reported Thursday. Browning reports that one of the principals in the investment businesses is Trevor Cook:
Cook’s business cards and other documents indicate he’s an investment director and managing partner at Oxford Global Partners and is the chief investment director at Oxford Global Advisors. Both companies are listed at the VanDusen mansion on LaSalle Street in Minneapolis, which Cook bought for $2.6 million in June 2007. (He sold it to Oxford Global Advisors in April 2008 for the same amount.)
According to Hennepin County property records, the owner is current on its taxes, which amount to more than $62,000 each year. Back in the 1990s, $300,000 in public money from the Minneapolis Neighborhood Revitalization Program was dedicated to renovating the mansion, as part of a community development effort. While the investment business might be in trouble, the mansion is apparently still available for weddings and receptions.
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July 14th, 2009 at 2:16 pm
When was this exactly?