Business ProfileforClassic Construction Services, Inc.
Current Alerts For This Business
The following describes a government action that has been resolved by either a settlement or a decision by a court or administrative agency. If the matter is being appealed, it will be noted below.
Under the responsibility of Christofer Shurian and Utah Regional Investment Fund, Water’s Edge Resorts promised to be an all-inclusive resort community on the shores of Bear Lake. As the resort sits in half-completed disrepair, Shurian has been accused of fraud by the Securities and Exchange Commission. Though the progress of Water’s Edge is years behind schedule, Shurian claims that it is due to uncontrollable delays
The SEC officially charged Shurian and Utah Regional Investment Fund on September 29, 2023, claiming that 30 foreign investors and the federal government have been misled regarding the progress of the resort. The SEC further claims that Shurian embezzled the investor’s money for personal items, such as a vacation home in Mexico and $180,000 worth of vehicles. Allegedly, Shurian has received $8 million in investor dollars and misappropriated $5 million for unapproved uses.
At-a-glance
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Business Details
- Location of This Business
- 560 S 100 W Ste 1, Provo, UT 84601-4570
- BBB File Opened:
- 8/17/2004
- Years in Business:
- 28
- Business Started:
- 1/1/1996
- Business Started Locally:
- 1/1/1996
- Business Incorporated:
- 1/1/1996
- Licensing Information:
- This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.
- Type of Entity:
- Corporation
- Alternate Business Name
- Lake Residences at Bear Lake Condominium Association, Inc.
- Two BD Development, LLC
- Carnesecca Orchard Estates, LLC
- Business Management
- Mr. Chris Shurian, President
- Mr. Jason Perry, Vice President
- Contact Information
Principal
- Mr. Chris Shurian, President
Customer Contact
- Mr. Chris Shurian, President
- Additional Contact Information
Fax Numbers
- (801) 371-8626Primary Fax
Email Addresses
- Primary
- (801) 371-8626
Customer Complaints
0 Customer Complaints
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