Chicago families targeted in home-flipping Ponzi schemes ...Middle East

Several Chicago-area residents were left wondering if a popular home-flipping business was a bad business model or a Ponzi scheme as iFLIP Chicago has been targeted in several lawsuits, accusing the company of luring inexperienced investors into predatory loans. The loans have led to financially devastating consequences for dozens of families in the Chicago area. Ameera Haamid, an emergency room physician, has a passion for home renovation and said that flipping houses is something her mother always wanted to do. Haamid was among those intrigued by iFLIP Chicago, “Listen, if you’re interested in learning how to actually flip homes and you want to learn to do this for real, we ha

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