News Releases

Dec 3
2019

Hearing Set on Alleged Fraud by Fort Worth Oilman

A hearing is scheduled for Jan. 22 at the State Office of Administrative Hearings regarding an emergency order alleging fraud by Michael E. Patman and Woodland Resources LLC in selling working interests in oil well-drilling projects.

Texas Securities Commissioner Travis J. Iles on July...

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Enforcement Actions: Administrative

Nov 22
2019

Order No. ENF-CDO-20-1792

In the Matter of U.S. Energy Assets LLC; Texas Victory Joint Venture; Timeless Protect LLC; Raymond Leslie Boykin; Mark Taylor; Duane Lee; Sunil Joseph AKA Joseph Sunil; and Paul James: Emergency Cease and Desist Order

Nov 22
2019

Order No. ENF-CDO-20-1795

In the Matter of Travco Oil and Gas LLC; Travis Jordan; Tom Darcy; Timeless Protect LLC; Duane Lee; Sunil Joseph AKA Joseph Sunil; and Paul James: Emergency Cease and Desist Order

Nov 22
2019

Order No. ENF-CDO-20-1794

In the Matter of Rare Earth Exploration LLC; Helium Hunters; Bradley Sherman Haycraft; Timothy P. Taylor; Bill Webber; Timeless Protect LLC; Duane Lee; Sunil Joseph AKA Joseph Sunil; and Paul James: Emergency Cease and Desist Order

All administrative actions

Enforcement Actions: Criminal & Civil

Oct 4
2019

Charles McAllister: Convicted

A jury in U.S. District Court in Austin on Oct. 4 convicted Charles McAllister , the former CEO and owner of the Austin-based precious metals firm Bullion Direct Inc. , of two counts of wire fraud and one count of engaging in a monetary transaction with criminally derived property.

...

Jul 17
2019

Daniel Christopher Walsh: Indicted (Harris County)

A Harris County grand jury indicted Daniel Christopher Walsh July 17 on first degree felony charges of securities fraud, money laundering, and theft in connection with the sale of investments in oil wells that were supposed to be drilled in Galveston County.

The indictments were handed...

Jul 12
2019

Daniel Christopher Walsh: Sentenced, 18 Years

Daniel Christopher Walsh , a Galveston oilman who made money by keeping investor funds in his pockets – not in the ground, drilling wells –was sentenced to 18 years in state prison on July 12 after reaching a plea agreement in his fraud trial in Wichita County.

Walsh pleaded guilty to...

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