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...

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 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. . .

Sep 3
2015

Kenneth Wayne Graves: Sentenced, 7 Years

Kenneth Wayne Graves , a former investment adviser in Corpus Christi whose registration had been revoked by the Securities Commissioner, was sentenced to concurrent seven-year state prison terms Sept. 3 and ordered to pay $517,158 in restitution.

Graves entered his pleas in Corpus...

Aug 18
2015

David Elliott Rosen: Indicted

David Elliott Rosen of Austin was indicted Aug. 18 in Travis County State District Court on charges of securities fraud, theft, money laundering, and misapplication of fiduciary property for stealing money from people who bought membership interests in music concerts that were to be produced by...

Jun 15
2015

Kenneth Wayne Graves: Indicted

Kenneth Wayne Graves , a former investment adviser representative in Corpus Christi whose license to sell securities was revoked last year by the Texas Securities Commissioner, was arrested June 15 after having been indicted in Nueces County on fraud and other charges. The indictment alleges...

Jun 3
2015

William Allen Risinger: Indicted

William Allen Risinger of Round Rock was indicted in U.S. District Court in Austin on three counts of wire fraud and other charges for an alleged oil and gas scheme that raised $4.5 million from investors. The indictment was handed down May 19 and unsealed June 3. Risinger built his alleged...

May 5
2015

Robert James Tooney: Guilty Plea

Robert James Tooney of Dickinson was placed on six years community supervision May 5 in Galveston County State District Court after pleading guilty to a 3rd degree felony charge of misapplication of fiduciary property.

Galveston County Assistant District Attorney Robert Buss prosecuted...

Apr 27
2015

James Elton "Jim" Warr: Indicted

James Elton "Jim" Warr of Austin was indicted April 27 in Travis County for allegedly stealing more than $1 million from investors who bought investments in a program based on real estate notes and loans. Warr was indicted on charges of theft, securities fraud, money laundering, and...

Apr 2
2015

Robert Patrick McGann: Guilty Plea

Robert Patrick McGann of Cedar Park paid full restitution of $141,234 as part of a guilty plea to a charge of theft April 2 in Gregg County District Court. The terms of the plea include seven years deferred adjudication and the surrender of his license to sell insurance in Texas. McGann, who...

Feb 26
2015

Gray, Rogers, R. James, D. James, McDermott: Indicted

Five individuals who controlled and played key roles in a life settlement company were indicted Feb. 26 in Collin County for securities fraud, theft, money laundering, and engaging in organizing criminal activity. According to the indictments, Richard H. Gray and Wendy L. Rogers committed fraud...

Jan 16
2015

Alberto Alba Villarreal: Sentenced, 5 Years

Alberto Alba Villarreal was sentenced to five years in prison Jan. 16 after being convicted of theft of property for stealing money that was supposed to be used to help fund a new insurance company. The sentence, handed down in Cameron County State District Court, ordered Villarreal to pay full...

Dec 17
2014

Robert J. Andres: Sentenced, 56 Months

Robert J. Andres , the investment manager of Houston-based Winsome Investment Trust, was sentenced to 56 months in federal prison on Dec. 17 after pleading guilty to one court of wire fraud in U.S. District Court in Salt Lake City. A final order of restitution is pending. According to the...

Dec 4
2014

Tracy Morgan Spaeth: No Contest Plea

Tracy Morgan Spaeth , a former investment adviser representative in Lubbock, pleaded no contest to the sale of unregistered securities on Dec. 4, 2014, in Lubbock County State District Court. Spaeth's sentence was suspended and he was placed on eight years of community supervision. The Texas...

Oct 1
2014

John Patrick Acord and Dean Lester Springer Jr.: Superseding Indictment

The grand jury of the Southern District of Texas on Oct. 1 handed down a superseding indictment charging John Patrick Acord and Dean Lester Springer Jr. with wire fraud, conspiracy to launder funds, mail fraud, and securities fraud. The indictment alleges that Jones, the chief financial officer...

Sep 18
2014

William Charlton Mays IV: Sentenced, 20 Years

William Charlton Mays IV , a former investment adviser representative in Corpus Christi, was sentenced to 20 years in state prison on Sept. 18 after being convicted on securities fraud and theft charges in the 214th State District Court of Nueces County. He was also ordered to pay $102,117 in...

Sep 8
2014

Christopher Anthony Zaal: Indicted

Christopher Anthony Zaal of McKinney, who did business as Southwest Financial Group, was arrested Sept. 8 after having been indicted in Collin County on charges of securities fraud and money laundering for obtaining at least $2.27 million in fraudulent investment schemes. Zaal allegedly...

Jun 5
2014

Alan Derek Jernigan: Indicted

A Brazoria County grand jury on June 5 indicted Alan Derek Jernigan of Lakeway on charges of securities fraud, money laundering, and aggregated theft for the alleged offer for sale and sale of investments in deals to export medical test kits to foreign countries. The indictment alleges that...

May 28
2014

Kelly Gordon Rogers: Sentenced, 20 Years

Frisco attorney Kelly Gordon Rogers , convicted of first-degree felony theft for stealing $1.3 million from investors in fraudulent oil and gas schemes, was sentenced to 20 years in state prison on May 28 in Collin County State District Court. The jury also ordered Rogers to pay a $10,000 fine....

Pages