June 19, 2018/US SEC On June 19, 2018, the Securities and Exchange Commission charged a Dallas-based oil-and-gas company and its chief executive officer in connection with a series of allegedly fraudulent unregistered oil-and-gas securities offerings that raised millions of dollars from investors. In its complaint, the SEC alleges that Jefferey […]
Frauds & Scandals
Pastor Indicted for Scheme to Defraud Investors
18/6/2018/US SEC On May 22, 2018, the United States District Court for the Eastern District of Michigan unsealed an indictment charging Larry A. Holley of Grand Blanc, Michigan and Patricia Enright, a.k.a. Patricia Gray, 57, of Flint, Michigan with conspiracy to commit wire and mail fraud, wire fraud, mail fraud, […]
Washington-Based Investment Adviser Settles Charges of Multi-Million Dollar Scheme
June 16, 2018/US SEC On June 7, 2018, a federal district court in the Western District of Washington entered a final consent judgment against Snohomish, Washington resident Ronald A. Fossum, Jr. According to the SEC’s complaint, Fossum misappropriated hundreds of thousands of dollars of investor funds he raised through unregistered […]
