News Releases

Jun 9
2026

Texas State Securities Board Enters Emergency Order Against Southlake Real Estate Investment Firm

AUSTIN, TEXAS — The Texas State Securities Board (“TSSB”) has entered an Emergency Cease and Desist Order against Lasater Capital, LLC, its principals Shiloh Boone Lasater and Tie Glenn Lasater, to stop the alleged offer and sale of securities through materially misleading statements and omissions...
Jun 3
2026

Texas State Securities Board Halts Alleged Crypto Pyramid Scheme Targeting Texas Investors

AUSTIN, TEXAS — The Texas State Securities Board (“TSSB”) has entered an Emergency Cease and Desist Order against BG Wealth Sharing LTD and its affiliated cryptocurrency trading platform, DSJ Exchange, to stop an alleged cryptocurrency investment and multi-level marketing scheme that targeted Texas...
Jun 1
2026

Texas State Securities Board Orders E-Estate Group and Promoters to Halt Alleged Fraudulent Tokenized Real Estate Investment Scheme

AUSTIN, Texas — June 1, 2026 — The Texas State Securities Board ("TSSB") has entered Emergency Cease and Desist Order No. ENF-26-CDO-1896 against E-Estate Group Inc., its principals Brandon Stephenson, Mike Hamilton, and Karoll Peterson, and Texas resident Darrell Porter for allegedly offering and...
May 20
2026

Texas State Securities Board Issues Emergency Order to Halt Alleged Fraudulent Investment Scheme Promising Extraordinary Returns

AUSTIN, Texas — The Texas State Securities Board (“TSSB”) has entered an Emergency Cease and Desist Order against JoAriam, LLC and its founder and managing member, KaRhonda Jewell Bray, for allegedly offering unregistered securities tied to purported foreign exchange trading and leveraged banking...
Apr 9
2026

Former San Antonio-based Investment Adviser Pleads Guilty to Ten Felony Counts in Connection to Scheme Which Defrauded Texas Investors

AUSTIN, Texas — The Texas State Securities Board (TSSB) announced today its assistance to federal law enforcement authorities in an investment fraud case involving a former San Antonio-based financial adviser who has pleaded guilty to multiple felony counts. The case was investigated by the TSSB...
Apr 7
2026

Texas Deputy Securities Commissioner Orders Refund and Sanctions Firm and its Agents for Sales of GWG L Bonds

AUSTIN, Texas — Earlier today, Deputy Securities Commissioner for the state of Texas, Cristi R. Ochoa, issued three orders against Landolt Securities, Inc., Ting Chen, and Wang Chang Tsai (“Respondents”) for failures in supervising the sale of GWG Holdings Inc. (“GWG”) L Bonds to Texas investors...
Apr 1
2026

McLennan County Grand Jury Indicts Two in Alleged Ponzi Scheme Involving KS Cartel, LLC

Austin, Texas — Christian Kranenberg and Sebastian Silea were indicted by a McLennan County Grand Jury on March 19, 2026, on charges of misapplication of fiduciary property and money laundering in connection with an alleged Ponzi scheme operated through their company, KS Cartel, LLC. The...
Mar 23
2026

Texas State Securities Board Enters Consent Order with Voyager Digital Entities

AUSTIN, Texas — March 23, 2026 — The Texas State Securities Board announced today the entry of a Consent Order dated March 20, 2026, resolving allegations against Voyager Digital Ltd., Voyager Digital Holdings, Inc., and Voyager Digital, LLC (collectively, Voyager). The Consent Order follows an...
Feb 11
2026

Texas Grounds Crypto Mining Investment ‘Rocket Ship’

AUSTIN, Texas — February 11, 2026 —The Texas State Securities Board has issued an Emergency Cease and Desist Order against TEXITcoin, MineTXC, Blockchain Mint, and their founder Robert J. Gray for alleged violations of the Texas Securities Act related to the fraudulent offer and sale of...
Jan 28
2026

Shot Through the Heart - The Crooks to Blame. Crooks Give Love a Bad Name.

Across the state, scammers are targeting Texans through dating apps, social media, and messaging platforms, posing as romantic partners, friends, or trusted advisors. These schemes often escalate into what law enforcement and regulators refer to as romance scams or pig butchering. These forms of...