Enforcement Actions Criminal Civil

The Rockwall County Grand Jury on July 29 returned indictments against Wayne A. Rand, Douglas L. Williams , and Chad D. Taylor for securities fraud, theft and money laundering. The indictments stem from the men's sale of interests in oil and gas drilling projects purported to be run by Rock Wall Oil...

Richard Allen Wilson of Houston, who pleaded no contest to sale of an unregistered security, was ordered to serve two years deferred adjudication. Wilson was also placed on community supervision, fined $1,000, and ordered to perform 75 hours of community service. Wilson was sentenced July 22 in the...

Stephanie Jean Seelye of McKinney pleaded guilty to money laundering in Collin County State District Court on July 7 and was sentenced to five years deferred adjudication and 60 days in the Collin County jail. Seelye is married to convicted felon William Lester Seelye, who was convicted of theft of...

Steven James Denton was indicted by the Collin County Grand Jury on June 18 on charges of securities fraud and theft. Denton allegedly sold interests in oil and gas exploration projects. Denton raised at least $1.4 million from investors, but he allegedly used most of the money to pay his salary and...

Reginald Lee Clark was indicted on June 17, by a Limestone County Grand Jury on two counts of misapplication of fiduciary property. According to the indictment, Clark misappropriated more than $200,000 from an elderly couple with the intent to deprive the couple of their property.

Paul David Coleman of San Antonio was indicted on June 8, on charges of securities fraud, misapplication of fiduciary property, theft by deception, selling unregistered securities, and sales of securities without being registered. The Bexar County grand jury indictments charge Coleman with...

Jeffrey Charles Bruteyn of Dallas was indicted May 19, in the U.S. District Court, Northern District of Texas, Dallas Division, in cause no. 3-09 CR 136-K on charges of securities fraud. Bruteyn allegedly engaged in fraud in connection with the sale of secured debt obligations and collateral secured...

Gregory Keith Rand, William Nicholas Rand, Mark Albert Rand, William Anthony Rand, and Joel William Petersen (all Dallas area residents) were indicted May 6, in the U.S. District Court, Northern District of Texas, Dallas Division, cause no. 3:09-CR 120-P, on charges of securities fraud, mail fraud...

William Lester Seelye of McKinney was convicted of theft of property May 1, in the 219th District Court of Collin County. Seelye was sentenced to 99 years in state prison and fined $10,000 for stealing money from investors in oil and gas exploration projects. In August, Seelye was sentenced to 10...

Chad Michael Hays of McKinney was indicted April 24, in the 196th District Court of Hunt County, TX, in cause nos. 25585, 25586, 25587, 25588, and 25589 on charges of selling unregistered securities, acting as an unregistered dealer or agent, securities fraud, engaging in organized criminal activity...