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.
Governor Abbott Touts Texas’ Economic Leadership at Summit
Governor Greg Abbott received the Texas Association of Business' 2023 Economic Trailblazer Award.
$10.76 Million Judgment Against Operators Durning Covid-19 Lockdown
By deceptively marketing itself as a faith-based wealth building organization, Blessings in No Time scammed consumers out of tens of millions of dollars.
Rural Texas May Lose out on Billions in Broadband Infrastructure
Grant applicants are required to have a line of credit from a major bank and put up 25% of the project cost ahead of time.
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.
Crypto Company that Faces Scrutiny Files for Bankruptcy
FTX’s collapse came after customers raced to cash out their deposits.
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.
State securities Regulators Filed to Stop Sales of NFTs
Although blockchain technology, digital assets, and metaverses are generating widespread public interest, bad actors are now leveraging their interests to perpetrate fraudulent schemes.
Medicaid Fraud Control Unit Helps Secure Indictments
Gaviola also faces charges for employing and billing Medicaid for a person practicing pediatric dentistry without a license, and for laundering over $100,000 in Medicaid monies from the Floss business bank to his personal account.
Public Welcomed to Attend Meetings at City Hall
Four city council workshops will be held to discuss the fiscal year 2022-2023 proposed annual operating and capital budget.
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.
Austin Man Sentenced for Hotel Investment Fraud Scheme
According to court documents, from 2012 until June 2018, Jason Michael Schubert, 47, devised a scheme to bilk hotel investors out of millions of dollars.