Feb 19

Christopher Matthew Meredith: Indicted

Christopher Matthew Meredith was indicted Feb. 19 in the U.S. District Court for the Western District of Texas on charges that he defrauded individuals in Brenham who invested in a company Meredith said would open medical marijuana dispensaries in conjunction with the federal government....

Dec 17

James A. Reid: Indicted

A Travis County grand jury on Dec. 17 indicted James A. Reid , a former stockbroker in Austin, on first-degree felony charges of securities fraud, money laundering, and theft in connection with a short-term investments fund he operated at his company, Reid Capital LLC .

Reid sold...

Dec 7

Juan Miguel Lopez: Sentenced, 79 Years

A Dallas County state court jury sentenced Juan Miguel Lopez to 79 years in prison on Dec. 7 – one year for each of the victims Lopez defrauded in a $4.9 million scheme involving the sale of business contracts to fund small business loans.

The jury found Lopez guilty on charges of money...

Nov 28

Brian Keith Alfaro: Indicted

A federal grand jury in San Antonio indicted Brian Keith Alfaro on Nov. 28 on eight counts of mail fraud for allegedly defrauding investors in Primera Energy LLC , the oil and gas exploration company he owned.

The indictment alleges that Alfaro misrepresented to investors that their...

Nov 20

Allan Jacob Barber: 10 Years Probation, Restitution

Allan Jacob Barber of Houston, who pleaded guilty to the fraudulent sale of a security and theft of property in Fort Bend County District Court, was sentenced Nov. 20 to 30 days in state jail, 10 years' probation, and a $10,000 fine. Barber was also ordered to pay $208,976 in restitution to the...

Nov 19

Raymond Michael Malone: Indicted

A Dallas County grand jury indicted Raymond Michael Malone on Nov. 19 on charges of securities fraud and theft related to the sale of investment contracts in his company, MM Capital LLC.

According to the indictment, Malone engaged in fraud by representing to the investor that the money...

Oct 23

Steven Patrick Jones: Sentenced, 85 Months

Steven Patrick Jones , one of three operators of a fraudulent shipping containers scheme, was sentenced to 85 months in federal prison on Oct. 23 and ordered to pay $8.2 million in restitution.

U.S. District Judge Gray Miller of the Southern District sentenced Jones, who pleaded guilty...

Aug 7

Gabriel Claudio Jr.: Sentenced, 25 Years

Gabriel Claudio Jr., who stole millions of dollars from clients of his illegitimate financial services firm in Corpus Christi, was sentenced to 25 years in state prison on Aug. 7 and ordered to pay $2,795,254 in restitution to investors.

Claudio was sentenced in the 79th District Court...

Jul 12

Everett Craig Williams: Convicted

Everett Craig Williams was convicted on first-degree felony charges of securities fraud and theft for selling investments in a real estate program without telling investors he owed millions in civil court judgments, unpaid child support, and judgments against him in bankruptcy proceedings....

Jul 3

Bob Guess: Sentenced, 12 Years

Bobby Eugene Guess of Frisco was sentenced to 12 years in state prison on July 3 for fraud in the sale of millions of dollars in securities in a worthless internet company.

Guess pleaded guilty to securities fraud in May in the 296th State District Court of Collin County. A Collin...

Jun 5

James Dean French: Sentenced, 8 Years

James Dean French was sentenced to eight years in state prison on June 4 after pleading guilty to first-degree felony securities fraud in connection with the sale of investments in a purported West Texas oil and gas project.

French was sentenced in the 230 th State District Court of...

May 31

Daniel Rodriguez Bryand: Indicted

Daniel Rodriguez Bryand of San Antonio was indicted May 31 in the 227th State District Court of Bexar County on charges of misapplication of fiduciary property and money laundering in connection with trades he allegedly made in a friend's brokerage account.

Bryand allegedly traded...

May 24

Timothy Lloyd Booth: Sentenced, 68 years

Timothy Lloyd Booth of Plano, who once served as a pastor at a church in McKinney, was sentenced to 68 years in state prison on May 23 after his conviction in the 296th District Court of Collin County on first-degree felony charges of theft and securities fraud.

Booth, 60, stole...

Mar 1

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

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...

Feb 22

Ronald Terry Dunn: Sentenced, 25 Years

Ronald Terry Dunn of Haltom City, a former registered securities agent, was sentenced to 25 years in state prison on Feb. 22 in Tarrant County Criminal Court No. 2. Judge Wayne Salvant also ordered Dunn to pay restitution of $683,731.

Dunn pleaded guilty to one first-degree felony...

Feb 16

Hermilia Flores, David Shand: Indicted

Hermilia Flores and David Alan Shand were indicted Feb. 16 in the 178th District Court of Harris County on charges of securities fraud and money laundering for allegedly defrauding investors in oil and natural gas exploration and drilling projects.

Flores, a resident of Katy, was the...

Feb 9

Louis Joseph Monsour: Deferred Adjudication

Louis Joseph Monsour of San Antonio pleaded no contest to a charge of securities fraud as part of a plea agreement in which he was sentenced to 10 years deferred adjudication and ordered to pay a totasl of $291,237 in restitution to two investors.

Monsour was sentenced Feb. 9 in the...

Jan 18

Robert James Nelson: 10 Years Deferred Adjudication

Robert James Nelson of Prosper pleaded guilty in Collin County State District Court to third-degree felony theft for his role in a fraudulent oil and gas scheme was sentenced to 10 years deferred adjudication and ordered to pay restitution of $306,250. Nelson paid $165,000 in restitution prior...

Jan 18

Charles McAllister: Indicted

Charles McAllister of Austin was indicted Jan. 18 on wire fraud and related charges for allegedly defrauding investors in Bullion Direct Inc., a precious metals company he founded.

The indictment seeks a monetary judgment of $16.1 million against McAllister, the sum of the money he...

Dec 1

James Elton Warr: Sentenced, 15 Years

James Elton “Jim” Warr of Austin, who promised guaranteed returns from investing in real estate, was sentenced to 15 years in state prison on Dec. 1 after his conviction in Travis County on four first-degree felony counts.

Warr, 69, stole $1.1 million from individuals who bought...

Nov 1

Lawrence Allen DeShetler: Sentenced, 5 Years

Lawrence Allen DeShetler , an investment adviser in The Woodlands, was sentenced to five years in federal prison on Nov. 1 after pleading guilty in June to federal mail fraud charges.

DeShetler convinced five clients – two of whom were in their 80s – to cash out legitimate investments...

Oct 2

Robert A. Helms, Janniece S. Kaelin: Sentenced, 78 Months

U.S. District Judge Lee Yeakel on Oct. 2 ordered Austin attorney Robert Allen Helms and his business partner, Janniece S. Kaelin , to pay $29 million in restitution to investors in the pair's oil-and-gas royalties scam.

Yeakel previously sentenced Helms and Kaelin to 78 months in federal...

Sep 6

Nicholas Baratoff Jr.: 5 Years Probation, Restitution

Nicholas Baratoff Jr. , a resident of the coastal village of Sea Cliff, N.Y., near New York City, paid $360,000 in restitution on Sept. 6 to an elderly Corpus Christi woman who invested in projects that were supposedly operated by a company with the French name of La Licorne SA. In English, it...

Jul 6

Jeffrey Ray Filla: 10 Years Probation

Jeffrey Ray Filla of Richmond on July 6 was sentenced to 10 years deferred adjudication and ordered to pay $807,054 in restitution to investors in his commodities trading program.

Filla pleaded guilty to misapplication of fiduciary property in Fort Bend County District Court. He was...