Tai Lopez and his partner acquired famous (and distressed) retail brands and used them to bilk investors, the SEC alleges.

RadioShack. Modell’s Sporting Goods. Pier 1 Imports. Dress Barn. Linens ‘n Things.

What do they all have in common? These once well-known brick-and-mortar retail brands eventually hit hard times and were then acquired by Retail Ecommerce Ventures (REV), run by Tai Lopez and Alex Mehr.

Now, the Securities and Exchange Commission (SEC) …