Enforcement Actions Criminal Civil

A U.S. District Court jury in Dallas convicted Jeffrey C. Bruteyn of securities fraud charges resulting from his scheme to defraud investors in Texas and Florida. Bruteyn was convicted on April 14, 2010, on all nine counts of an indictment returned by a grand jury in May 2009. Bruteyn raised more...

A federal grand jury indicted Jeffrey Scott Rand of Houston on 25 counts of securities fraud and mail fraud in connection with the offer and sale of investments in oil and gas well projects in Texas. The grand jury in the U.S. District Court for the Western District of Arkansas, Hot Springs Division...

George Elliott, a Belton-based salesman for a fraudulent scheme involving the sale and lease of credit card terminals, was sentenced to 12 years in state prison on one count of aggregated money laundering. Judge Joe Carroll of the 27th State District Court in Bell County sentenced Elliott on March 5...

David Boyer Prince was indicted on 12 counts of wire fraud on March 3, 2010, in United States District Court, Northern District of California, San Jose Division. The indictment stems from an investigation by the Texas State Securities Board, which worked with the Federal Bureau of Investigation on...

Martin Tyson Sr. of Horseshoe Bay on Feb. 23, 2010 was ordered to pay $200,000 in restitution to investors in an online gambling Web site that never launched. Tyson pleaded guilty to a felony charge of sale of an unregistered security. The Order of Deferred Adjudication and Community Supervision...

A Collin County state District Court jury on February 18, 2010 sentenced Edward S. Digges Jr. to 99 years in state prison for organizing and leading a multistate, fraudulent scheme involving the sale and lease of credit card and debit card terminals. The jury convicted Digges of aggregated...

Penelope Lefaucheur and Matthew Earl Rager were indicted on Jan. 20, 2010, for the fraudulent sale of interests in a commercial property in San Antonio. A Bexar County grand jury indicted both Lefaucheur – also known as Jacqueline Penelope Judge – and Rager on numerous counts, including securities...

William Leon Fenoglio of Bowie was sentenced on December 17, 2009, to six years in state prison for second-degree securities. Fenoglio, a licensed insurance agent at the time, sold one-year debt securities totaling $122,000 to six elderly investors. He promised an annual return of 15 percent...

Jeremy McGilvrey of San Antonio was sentenced to 20 years in state prison on two counts of misapplication of property by a fiduciary. McGilvrey, the former CEO of Hill Country Wealth, a money management firm, pleaded guilty to the counts on October 22 and was sentenced Nov. 30 by Bexar County state...

A Harris County Grand Jury on Nov. 30 indicted Robert Chet Noel of Sugar Land on nine counts of securities fraud. Noel, the president of Integrity Petroleum Group, received $154,200 from investors in Harris County for working interests in oil and gas wells. According to the indictment, Noel...