Feb 24
2014

Leland Alan Dykes of Houston was sentenced to 15 years in state prison Feb. 24 for the fraudulent sale of nearly $1 million in "secured debt obligations." Dykes, a former registered securities agent, pleaded guilty last year in Harris County State District Court to one count of misapplication of fiduciary property. Dykes falsely claimed the notes he sold were secure because they were backed by international insurers.