News Releases

Feb 7
2019

2018 Enforcement Report: Blind Faith, Fraud, and Millions of Dollars Lost

When it comes to investing, blind faith can be very expensive.

The State Securities Board Enforcement Report for 2018 , released Feb. 7, highlights cases in which individuals took it on faith that they were putting their money into legitimate investments managed by legitimate executives...

Jan 28
2019

Following State Criminal Cases, SEC Sues N. Texas Trio in $44 Million Fraud

The Securities and Exchange Commission has sued three individuals for operating a complex web of real estate development companies in North Texas that defrauded investors of at least $44 million.

The SEC civil action , filed in U.S. District Court in Dallas on Jan. 25, follows criminal...

Jan 9
2019

Order the 2019 Texas Investor Guide

The 2019 edition of the Texas Investor Guide is here, so the sooner you order copies the sooner you'll be able to start the new year with the unbiased, no-nonsense guidance you need to invest wisely and avoid financial fraud.

Regardless of income, age, or overall fiscal health, the...

All News Releases

Enforcement Actions: Administrative

Nov 27
2018

Order No. REG18-CAF-03

In the Matter of the Investment Adviser Representative Registration and the Agent Registration of Robin Curt Holcomb: Fine, Reprimand

Nov 27
2018

Order No. ENF-18-CDO-1773

In the Matter of My Crypto Mine and Mark Steven Royer: Emergency Cease and Desist Order

Nov 6
2018

Order No. ENF-18-CDO-1771

In the Matter of AWS Mining PTY Ltd, Automated Web Services Mining AKA AWS Mining, Daniel Beduschi, Alexandre Campos, Jessica Nunes Sivirino, MyCoinDeal, AWS Elite, Josiah Kostek, West Texas Oilfield Cloud Miners Club and Kenneth Luster: Emergency Cease and Desist Order

All administrative actions

Enforcement Actions: Criminal & Civil

Dec 7
2018

Juan Miguel Lopez: Sentenced, 79 Years

A Dallas County state court jury sentenced Juan Miguel Lopez to 79 years in prison on Dec. 7 – one year for each of the victims Lopez defauded in a $4.9 million scheme involving the sale of business contracts to fund small business loans.

The jury found Lopez guilty on charges of money...

Nov 28
2018

Brian Keith Alfaro: Indicted

A federal grand jury in San Antonio indicted Brian Keith Alfaro on Nov. 28 on eight counts of mail fraud for allegedly defrauding investors in Primera Energy LLC , the oil and gas exploration company he owned.

The indictment alleges that Alfaro misrepresented to investors that their...

Nov 20
2018

Allan Jacob Barber: 10 Years Probation, Restitution

Allan Jacob Barber of Houston, who pleaded guilty to the fraudulent sale of a security and theft of property in Fort Bend County District Court, was sentenced Nov. 20 to 30 days in state jail, 10 years' probation, and a $10,000 fine. Barber was also ordered to pay $208,976 in restitution to the...

All civil & criminal actions

Publications

Salute to Smart Investing cover

A Salute to Smart Investing

To help active military members achieve financial security, Salute covers investment "basic training," retirement planning, avoiding scams – and much more

 

It's Your Financial Life cover

It's Your Financial Life

Young workers of the world, invest! Your Financial Life cuts through the thicket of financial jargon and products as you begin managing your own finances.

All publications