Money

Fraudsters increasingly target senior Texans through investment scams, digital asset schemes, impersonation fraud, romance scams, social media solicitations, and other deceptive practices designed to steal retirement savings and lifelong investments.

According to the order, Lasater Capital has been offering investments in a real estate fund known as Lasater RE Fund 14.

According to the order, BG Wealth (Gagan Sarkaria and Thaddious Thomas) have been soliciting unregistered securities to the public by promising exorbitant, "zero-risk" returns.

According to the Order, investors are being encouraged to purchase tokenized interests in purported real estate assets for as little as $10 and are being led to believe the investments will generate income through rental properties and other real estate-related activities.

The order alleges that investor funds were transferred through personal bank accounts before being transmitted to a cryptocurrency platform that does not provide foreign exchange trading services.

According to federal authorities, Brooklynn Chandler Willy pleaded guilty to 10 felony counts arising from a scheme to defraud investors.

According to the indictment, Kranenberg and Silea solicited investments from friends, family members, and acquaintances by representing that funds would be invested in mutual funds and private stock portfolios.

Voyager operated a cryptocurrency brokerage platform that allowed customers to buy, sell, trade, and store digital assets.

According to the order, the Mining Packages were offered and sold in Texas without registration and neither the sales agents, nor the respondents, were registered as securities dealers or agents as required by state law.

The imposters introduce themselves claiming to be names of leaders from the legitimate Texas Stock Exchange website.

Attorney General Ken Paxton is directing consumers on how to claim funds from a $700 million settlement with Google that has been finalized after the company was found to have violated antitrust laws.

To date, neither Securities Commissioner Iles nor the staff of the TSSB have been provided with corresponding evidence to review.

The Texas State Securities Board filed a notice of hearing with the State Office of Administrative Hearings asserting, among other things, that Smith Wealth Advisors and Smith misappropriated funds from at least ten clients.

The Texas Stock Exchange is expected to launch in Dallas next year, as economists wait to see if “Y’all Street” is big enough to support the exchange and challenge New York’s dominance in the financial sector.

The agency initially blocked the payout because of two state investigations into now-banned lottery courier services, one of which sold the winning ticket.

These scams may target individuals receiving money from insurance companies, FEMA, or other relief sources.

State securities laws prohibit firms from charging unreasonable commissions to their customers.

The firm’s removal from a state list of companies “boycotting” the fossil fuel industry was lauded by Comptroller Glenn Hegar as a “meaningful victory” for Texas’ energy economy.