Apr 14
2004

Norman Paul Cowart, of Fort Worth, Texas, was indicted on April 14, 2004, in the 27th Judicial District Court, Bell County, Texas, for selling securities while not registered as a securities dealer or agent. Cowart was indicted as a habitual offender based on numerous prior securities and theft-related convictions. The three indictments charged Cowart with selling stock in PhyMed Partners, Inc., OLU.Com and Inter-Group Squared. Cowart faces a possible prison term of life if convicted.