News Releases

May 24
2018

Former Pastor Sentenced to 68 Years: Elderly Victims See Justice

Timothy Lloyd Booth of Plano Texas, who sold investments in a company with virtually no income, was sentenced to 68 years in state prison on May 23 after his conviction in Collin County on two first-degree felony charges.

Booth, 60, stole approximately $23 million from mostly elderly...

May 21
2018

Texas Spearheads US-Canada Probe of Cryptocurrency Investments

The Texas State Securities Board, a leader in policing cryptocurrency-related investments, has joined more than 40 U.S. state and Canadian regulators in a coordinated investigation of fraudulent cryptocurrency-related investment products.

The North American Securities Administrators...

May 15
2018

Houston Firm Ordered to Stop Fraudulent Crypto Offering

Texas Securities Commissioner Travis J. Iles entered an Emergency Cease and Desist Order on May 15 to stop Wind Wide Coin Inc. , an entity that says it is based in Houston, from fraudulently offering investments in a cryptocurrency trading program.

The order alleges that Wind Wide Coin...

Enforcement Actions: Administrative

May 15
2018

Order No. ENF-18-CDO-1764

In the Matter of Wind Wide Coin AKA WWC Inc., Charles Roman, Fred Andrew, and John Anny: Emergency Cease and Desist Order

May 8
2018

Order No. ENF-18-CDO-1763

In the Matter of Forex EA & Bitcoin Investment LLC AKA My Forex EA & Bitcoin Investment LLC AKA My Forex EA, James Butcher and Richard Dunn: Emergency Cease and Desist Order

May 8
2018

Order No. ENF-18-CDO-1762

In the Matter of Bitcoin Trading & Cloud Mining Limited AKA BTCRUSH, Jaylon Cross, Bruce Rodgerson, Robin Lozinski and Thomas A. Johnson: Emergency Cease and Desist Order

Enforcement Actions: Criminal & Civil

May 24
2018

Timothy Lloyd Booth: Sentenced, 68 years

Timothy Lloyd Booth of Plano Texas, who sold investments in a company with virtually no income, was sentenced to 68 years in state prison on May 23 after his conviction in Collin County on two first-degree felony charges.

Booth, 60, stole approximately $23 million from mostly elderly...

Mar 1
2018

William Austin Allen, David Alan Wolchansky: Indicted

William Allen and David Wolchansky were indicted March 1 in Collin County on first-degree felony charges of money laundering and misapplication of fiduciary property in connection with the sale of investments in a natural gas project in Mansfield.

Allen and Wolchansky, the owners of...

Feb 22
2018

Sean Patrick Riley: Indicted

A Bexar County grand jury indicted Sean Patrick Riley of San Antonio on Feb. 22 on was indicted Feb. 22 on a charge of second-degree felony securities fraud and third-degree charges of felony theft and felony money laundering.

Riley was indicted for allegedly defrauding individuals who...

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.