World Elder Abuse Awareness Day
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.
Texas State Securities Board Enters Emergency Order Against Southlake Real Estate Investment Firm
According to the order, Lasater Capital has been offering investments in a real estate fund known as Lasater RE Fund 14.
Securities Board Halts Alleged Crypto Pyramid Scheme
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.
E-Estate Group Halted After Alleged Fraudulent Real Estate Investment Scheme
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.
TSSB Issues Emergency Order to Halt Investment Scheme Promising Extraordinary Returns
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.
Former San Antonio-based Investment Adviser Pleads Guilty to Ten Felony Counts
According to federal authorities, Brooklynn Chandler Willy pleaded guilty to 10 felony counts arising from a scheme to defraud investors.
Jury Indicts Two in Alleged Ponzi Scheme
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.
Texas State Securities Board Enters Consent Order with Voyager Digital Entities
Voyager operated a cryptocurrency brokerage platform that allowed customers to buy, sell, trade, and store digital assets.
Texas Grounds Crypto Mining Investment ‘Rocket Ship’
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.
Texas Securities Board Alerts Investors to Texas Stock Exchange Scam
The imposters introduce themselves claiming to be names of leaders from the legitimate Texas Stock Exchange website.
How to Claim $700 Million Google Antitrust Settlement Payout
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.
Texas Securities Commissioner Refutes Claims Made in Connection with Attorney General’s EPIC City Lawsuit
To date, neither Securities Commissioner Iles nor the staff of the TSSB have been provided with corresponding evidence to review.
Commissioner Revoke Registration of Austin-based Investment Adviser
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.
Texas Stock Exchange gets Federal Approval
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.
Texas Lottery to Pay Winner of $83.5M Jackpot After Withholding Prize
The agency initially blocked the payout because of two state investigations into now-banned lottery courier services, one of which sold the winning ticket.
Texas State Securities Board Caution Individuals of Potential Investment Scams After Historic Flooding
These scams may target individuals receiving money from insurance companies, FEMA, or other relief sources.
Multimillion-Dollar Settlement Related to Unreasonable Commissions
State securities laws prohibit firms from charging unreasonable commissions to their customers.
Texas Allows State Agency Investment in BlackRock
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.
Grants Available for Community Development
The City of Corpus Christi has released three Notices of Funding Availability (NOFA) to address homelessness, housing and community development needs.
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.