Jun 8

Richard Gregory Tilford: Convicted

On June 8, 2021, Richard Gregory Tilford, from Arlington, was sentenced to serve 40 years in state prison for engaging in a fraudulent digital marketing investment scheme. He was also sentenced to serve 10 years in prison for each of six counts of selling unregistered securities and 10 years in...

May 19

Carl William Pollock - Indicted

Carl William Pollock was indicted by a Travis County Grand Jury and charged with securities fraud, theft and money laundering in connection with a scheme to raise capital for Austin-based healthcare companies. The charges are first degree felony offenses, meaning Pollock faces up to 99 years or...

Apr 14

Indictment Handed Up in Quesadilla Caper

On April 7, 2021, a federal grand jury sitting in the Western District of Texas handed up a now unsealed indictment against Juan Enrique Kramer, Adriana Pastor, Noel Olguin and Karina Hernandez . The indictment alleges Kramer and Pastor, his wife, promoted turnkey investments tied to Las...

Jan 20

Sarah Helen Hancock: Indicted

In January 2021, Sarah Helen Hancock was i ndicted by a Dallas County Grand Jury . She stands accused of engaging in fraud while working as an investment adviser representative and misapplying fiduciary property belonging to more than 20 different clients. The crimes allegedly occurred pursuant...

Jan 5

Bruce and Martha Pollock: Indicted

On January 5, 2021, Bruce and Martha Pollock surrendered and appeared in Harris County District Court on felony charges of misapplication of fiduciary property and securing execution of a document by deception.

The indictments allege that Bruce and Martha Pollock took $15,000.00 from an...

Dec 1

Wilson Alejandro Montoya: Arrested, Indictments Unsealed

Wilson Alejandro Montoya was arrested last week. He was previously indicted by a grand jury in Dallas County, but the charges were sealed pending his arrest. The indictments are now public.

Montoya is charged with securities fraud, theft and money laundering . According to the securities...

Nov 21

Clifford McCrary Indicted for Securities Fraud and Theft

A Dallas County Grand Jury indicted Clifford Wiley McCrary for theft and securities fraud in connection with the sale of securities issued by HLV Master Fund, LLC. He was arrested on November 17, 2020.

The indictments accuse McCrary of concealing his misuse of investor funds – using...

Jun 17

Tommie “Tom” Carter Jr: Arrested

On June 17, Tommie “Tom” Carter Jr., from central Texas, was arrested after being charged with securities fraud, theft, misapplication of fiduciary property and money laundering as part of a white-collar criminal investment scheme.

Carter allegedly sold investments referred to as the...

Jun 3

Richard Leal Ferguson: Arrested

On June 3, 2020, Richard Leal Ferguson was arrested on charges of securities fraud and theft . He was also arrested and charged with aggravated sexual assault of a child. He was confined in the Cameron County Jail and his bond was set, collectively, at $700,000.00.

Ferguson is already...

Mar 27

William Neil 'Doc' Gallagher: Sentenced to 25 Years, $10.3 Million Restitution

William Neil “Doc” Gallagher, the self-styled "Money Doctor" who advertised frequently on Christian radio in North Texas, was sentenced to 25 years in state prison on March 27 and ordered to pay $10,386,816 in restitution to the victims of the long-running fraud he operated from his retirement...

Feb 19

Brett Pittsenbargar: Indicted

Brett Pittsenbargar , an Austin insurance agent who allegedly sold $9.3 million in fraudulent investments, was arrested Feb. 19 to face first-degree felony charges of securities fraud , money laundering , and theft .

A Travis County grand jury's Feb. 4 indictment of Pittsenbargar was...

Feb 13

Brian Keith Alfaro: Convicted

A federal jury in San Antonio on Feb. 13 found Brian Keith Alfaro guilty of seven counts of mail fraud in connection with defrauding investors in Primera Energy LLC , the oil and gas exploration company he owned.

Alfaro's sentencing is scheduled for June 22.

The 2018 indictment...

Feb 13

Charles McAllister: Sentenced to 10 Years

U.S. District Judge Lee Yeakel on Feb. 13 sentenced Charles McAllister , the CEO of Austin-based Bullion Direct Inc. , to 10 years in prison and ordered him to pay $16.1 million dollars in restitution to 5,800 victims of his scheme.

A jury in U.S. District Court in Austin convicted...

Jan 16

James A. Reid: 6 Years Community Supervision, Restitution

James A. Reid of Cedar Park, a former stockbroker, was sentenced to six years deferred adjudication and ordered to pay $93,500 in restitution to investors in his company's short-term investments fund. Reid was sentenced Jan. 16 in the 331st District Court of Travis County. He paid $75,000 of his...
Dec 19

Nathaniel A. Brooks Jr.: Sentenced to 1 Year, Restitution

Nathaniel Anthony Brooks Jr. , who pleaded guilty to a fraudulent commodity trading scheme, was sentenced to one year and one day in federal prison in U.S. District Court in Austin on Dec. 20. Brooks pleaded guilty in October to a charge of monetary transaction in criminally derived property...

Dec 18

Ekeoma Jerry Onyeukwu: Indicted

A U.S. DIstrict Court grand jury in Austin on Dec. 17 indicted Ekeoma Jerry Onyeukwu , a resident of Nigeria who spoofed the Texas State Securities Board website to make it appear individuals who lost money in the worldwide BitConnect cryptocurrency fraud were eligible for partial refunds....

Dec 9

Sean Patrick Riley: 10 Years Community Supervision, Restitution

Sean Patrick Riley of San Antonio was sentenced to 10 years deferred adjudication after pleading guilty to second-degree securities fraud in the 188th District Court of Gregg County.

Riley paid $5,000 in restitution up front in the plea deal and was ordered to pay an additional $48,500...

Nov 4

Mejdi Mahmoud Abousaoui: Indicted

Mejdi Mahmoud Abousaoui was indicted Nov. 4 by a Fort Bend County grand jury on charges of securities fraud, money laundering, theft, and misapplication of fiduciary property.

According to the indictment, Abousaoui raised more than $4 million from at least 70 investors from early 2015...

Oct 4

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.