Millions to be Returned to Retirement Value Investors
As such, investors were forced to pay the premiums on the policies—shrinking their return on investment in the death benefits they purchased.
US Clients are Allegedly being Offered High Yield Digital Assets
A new token deployed on a proprietary blockchain that is allegedly being illegally and fraudulently offered in Texas by Josip Heit, Dirc Zahlmann, Bruce Innes Wylde Hughes and Dennis Loos.
Texas Joins Multiple States in $106 Million Restitution Settlement with Vanguard
Vanguard did not disclose the potential capital gains and tax implications to Investor TRF shareholders which was a consequence of the migration of shareholders from the Investor.
Texas Joins Multi-State Settlement with Edward Jones
The four-year investigation was a coordinated effort by a working group of 14 state securities regulators.
Refunds for Texas GS Partners
The settlement ensures Texans will receive a return of all fiat and cryptocurrency deposited with GSB Group and GS Partners, regardless of the product or service they purchased from the respondents.
Texas State Securities Board Appoints Cristi Ramón Ochoa as Deputy Securities Commissioner
During her eight years as a staff attorney with the Board, she was responsible for conducting complex legal investigations into registered firms and individuals.
Settlement Requires Abra to Return Assets to Texans
A working group of state securities regulators, led by the Texas State Securities Board, have been investigating offers and sales of Abra Boost and Abra Earn.
Unapproved Cryptocurrency Sold to Brokerage Clients
Jaime Rios, a registered agent of Money Concepts Capital Corp., engaged in outside business activities and private securities transactions that were not disclosed to or approved by his employing firm.
Texas Securities Commission to Stop Two Artificial Intelligence Schemes
Securities Commissioner Travis J. Iles announced the filing of two emergency actions to stop allegedly illegal and fraudulent securities offerings tied to artificial intelligence.
BigWhale.io Claims Hackers Stole Clients Profits
The order found that BigWhale.io used a multilevel marketing scheme that relied on numerous online influencers to promote its decentralized application.
Securities Commissioner Entered Three Unrelated Administrative Orders
Michael Delao was suspended for 90 days and assessed an administrative fine of $5,000 for failing to report a felony charge to the Securities Commissioner within thirty days of its occurrence.
Abra Earn and Abra Boost Warning
The alleged misconduct includes the intentional concealment of financial information reflecting the capitalization of parties, defaults on loans and the transfer of assets to Binance.
Texas Leads the way in Stopping AI Investment Scam
The respondents are also touting the profitability of TruthGPT Coin – even claiming that TruthGPT Coin will increase in value by as much as 10,000 times.
Final Order Against Crypto Firm Nexo Capital, Inc.
The Texas State Securities Board continues to serve as a leader in protecting investors from illegal and fraudulent digital asset securities schedules.
State Regulators Stop Fraudulent AI Investment Scheme
The initial scheme recently collapsed, and the respondents are now allegedly perpetrating a Ponzi scheme by raising capital from new investors to cover withdrawals from previous investors.
Texas Joins Multiple States in $10 Million Settlement
Robinhood neither admits nor denies the findings as set out in the States’ orders.
Texas Securities Board Joins $22.5 Million State Settlement
The Texas State Securities Board is a leader in protecting investors from illegal and fraudulent digital asset securities schemes.
Lubbock Resident Accused of Fraudulent Investment Schemes
The order alleges Gunn was about to defraud Texans by selling something he simply does not own.
Austin Real Estate Scammer Sentenced to 40 Years in Prison
Tommie “Tom” Carter Jr, a 64-year-old resident of Austin, Texas, was convicted of first-degree securities fraud and sentenced to serve 40 years in prison.
45 Year Prison Sentence in Collin County Investment Scheme
The sentence was the result of recent convictions for perpetrating a real estate investment scheme that victimized more than 330 individuals.