Jan 30
2017

Ronald Terry Dunn: Indicted

Ronald Terry Dunn of Haltom City was indicted Jan. 30 in Tarrant County for theft of property of between $100,000 and $200,000. The victims named in the indictment are 65 years of age or older, which under state law makes the charge a first-degree felony.

Dunn is a former registered...

Dec 20
2016

John Patrick Acord: Sentenced, 5 Years

John Patrick Acord was sentenced to five years in federal prison on Dec. 20 and ordered to pay $8.2 million in restitution after pleading guilty to securities fraud in U.S. District Court for the Southern District in Houston.

Acord was the chief financial officer of Intermodal Wealth...

Dec 15
2016

Everett Craig Williams: Indicted

Everett Craig Williams of Round Rock was indicted by a Nueces County Grand Jury on Dec. 15 on one charge of securities fraud for allegedly selling investment agreements issued by Favor Ministries Inc. without telling investors he owes more than $5 million in civil judgments and tax liens....

Dec 5
2016

Reynaldo Peralez: Indicted

Reynaldo Peralez of San Antonio was indicted Dec. 5 by a Bexar County grand jury for securing the execution of a document by deception to perpetrate an investment fraud.

According to the indictment, from 2009 to 2010 Peralez raised $39,000 from one investor in five separate transactions...

Nov 17
2016

Timothy Lloyd Booth: Indicted

Timothy Lloyd Booth of Plano was indicted for securities fraud and other charges in connection with raising $6.3 million from investors in StaMedia Inc. of Dallas, an internet advertising company, and spending some of the funds on luxury automobiles and other personal expenses.

Booth...

Nov 8
2016

Susan Gay Pruitt: Sentenced, 22 Years

Susan Gay Pruitt, who sold interests in non-existent oil and gas exploration projects in Texas and three other states, was sentenced to 22 years in prison on Nov. 8 in Collin County State District Court.

Pruitt pleaded guilty to theft and money laundering. Judge Benjamin N. Smith...

Sep 22
2016

Cammie R. Booth: Indicted

Cammie R. Booth of Plano was indicted Sept. 22 in Collin County State District Court on one count of securing execution of document by deception and six counts of making false statements to obtain property or credit.

The indictment alleges that Booth made false statements to automobile...

Aug 11
2016

Michael Anthony Collins: Sentenced, 15 Years

Michael Anthony Collins pleaded guilty to charges of securities fraud, theft, and money laundering and was sentenced to 15 years on each count on Aug. 11 in Jim Wells County State District Court. The sentences will run concurrently.

Collins was also ordered to pay restitution of $3...

May 26
2016

Nicholas Baratoff: Indicted

Nicholas Baratoff Jr. was indicted on May 26 in Nueces County State District Court on two counts of misapplication of fiduciary property and one count of theft.

Baratoff operated an investment fraud in Nueces County from 2008 to 2015, according to the indictment. He allegedly sold...

May 24
2016

Allan George Cooper: Indicted

Allan George Cooper of Houston was arrested May 24 and charged with wire fraud and mail fraud in a $5 million investment fraud involving at least 50 victims.

According to the U.S. Attorney's Office for the Southern District of Texas, a federal grand jury returned the indictment of...

May 11
2016

Ronald Erik Lewis: Indicted

Ronald Erik Lewis of New Braunfels was indicted May 11 by a grand jury in Comal County State District Court for theft of property, money laundering, and fraudulent sale of securities in connection with the sale of investments in a "Stealth Wealth Program."

From 2008 to 2013, Lewis,...

May 11
2016

Richard Leal Ferguson: Indicted

Richard Leal Ferguson of Harlingen, a two-time convicted felon, was indicted May 11 in Cameron County on charges of securities fraud and theft for allegedly stealing more than $100,000 from investors for a small-business loan program.

Ferguson sold investments in "fast track loan...

May 6
2016

William Allen Risinger: Sentenced, 13 Years

William Allen Risinger of Round Rock was sentenced to 160 months in federal prison on May 6 for stealing money from investors in oil, gas, and mineral venture schemes.

Risinger raised an estimated $4.5 million from investors in the energy ventures. A money judgment was entered against...

Apr 19
2016

Robert B. Hahn: Sentenced, 3 Years

The office of U.S. Attorney John M. Bales of the Eastern District of Texas on April 19 announced that Robert Hahn , a former insurance agent in Tyler, was sentenced to three years in federal prison for wire fraud and money laundering.

Hahn collected $5.4 million from investors who were...

Apr 14
2016

Patrick Lee Downing: Indicted

Patrick Lee Downing of Mesquite, who allegedly sold working interests in an oil and gas joint venture, was indicted April 14 in Dallas County Criminal District Court on charges of securities fraud and theft.

Downing sold working interests in a project named the Stocker #1 Joint Venture...

Mar 29
2016

Derek A. Nelson: Sentenced, 19 Years

Derek A. Nelson was sentenced to 19 years in prison on March 29, one day after he was convicted of securities fraud in Collin County State District Court.

Nelson operated a real-estate investment program that would supposedly buy and renovate distressed properties. Nelson sold...

Feb 2
2016

Robert A. Helms, Janniece S. Kaelin: Indicted

Robert Allen Helms and Janniece S. Kaelin were indicted Feb. 2 in U.S. District Court in Austin on conspiracy, securities fraud, and wire fraud charges based on their sales of investments in oil and gas royalties.

Helms and Kaelin operated their company as a Ponzi scheme, according to...

Jan 29
2016

James Dean French: Indicted

James Dean French of Kennedale was indicted Jan. 29 in Harris County State District Court on a charge of securities fraud in connection with the sale of fractionalized interests in an oil well drilling enterprise in Jones County called the Swede Church Development Project.

According to...

Jan 28
2016

Larry Benny Groover: Sentenced, 1 Year and 1 Day

Larry Benny Groover was sentenced to one year and one day in federal prison on Jan. 28 in the U.S. District Court for the Eastern District of Texas.

Groover pleaded guilty to two counts of engaging in monetary transactions in property derived from specified unlawful activity in...

Jan 15
2016

Rose Marie O'Reilly: Sentenced, 4 Years

The U.S. Attorney's Office for the Western District of Texas announced that former Austin resident Rose Marie O’Reilly, 63, of La Grange, was sentenced to four years in federal prison for her role in an estimated $1.4 million Ponzi scheme.

United States District Judge Sam Sparks also...

Dec 10
2015

Insignia Energy, Benchmark Operating Co: Indictments

A Collin County grand jury on Dec. 10 indicted seven individuals who sold interests in oil and gas well projects in Sabine Parish, La. The indictments collectively charge the defendants with multiple counts of securities fraud, theft, money laundering, and engaging in organized criminal...

Nov 19
2015

Robert B. Hahn: Guilty Plea

The office of U.S. Attorney John M. Bales announced that Robert B. Hahn of Tyler, a former insurance agent, pleaded guilty Nov. 19 to money laundering and wire fraud in U.S. District Court for the Eastern District of Texas. He faces up to 20 years in prison at sentencing. . .

Oct 29
2015

Michael Anthony Collins: Indicted

Michael Anthony Collins of Alice was indicted Oct. 29 on charges of securities fraud, theft, and money laundering for allegedly stealing at least $5 million from investors who sunk money into his stock-trading operation. . .

Oct 11
2015

Larry David Eckenrode: Indicted

Larry David Eckenrode of McKinney, a three-time felon, was arrested Sept. 29 and faces securities fraud, theft, and money laundering charges related to his sale of investments in a short-term lending program that was allegedly making loans to international fuel businesses. . .
 
Sep 9
2015

Rodney and Roger Wagner: Indicted

Rodney Lee Wagner and Roger Harvey Wagner, who promised investors huge profits through foreign currency trading, were indicted Sept. 9 in the U.S. District Court for the Eastern District of Texas on one count each of conspiracy to commit fraud and three counts each of wire fraud. . .

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